For any wholesalers in the Minneapolis/St.Paul, MN area. How competitive is the market here and if you don't mind sharing, when was your last closing on a deal? Thank you!
Welcome @Lee Yang ! I do some wholesaling in the area, but not full-time/exclusively. Competitive is hard to say, as it can be a matter of perspective. I'm sure it's less competitive than certain areas, and more competitive than others. However, I can say that people are definitely going after it. You can't just assume deals will fall on your lap, so it'll take work. My best recommendation would be to consider a niche you would want to go after and invest more heavily there than trying to stretch yourself too thin. Hope that's helpful, and welcome to the BP community!
Oh, and sorry, per your question last deal was beginning of December.
Thanks Jon for sharing your thoughts and deal! Do you attend any local seminars? If so, do you have any suggestions?
Not consistently. I don't do it full-time, and I have young kids at home, so it's hard season (most are evenings). There are plenty of Meetups in the area, which can be a bit more niche specific, so it depends on your desires.
Not a wholesaler in the area, but i definitely notice a lot of ( I buy houses fast with cash) signs. Seems to be a decent amount of activity in the area.
Nick, thank you for your response! I've definitely seen a few bandit signs around the city as well.