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Brian DeMaestri
  • Investor
  • Denver, CO
2
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Is Colorado Just TOO Expensive For Wholesalers?

Brian DeMaestri
  • Investor
  • Denver, CO
Posted

Greetings all!

Looking to network with wholesalers in Denver, Aurora, Centennial and Highlands Ranch areas. However, being the market is the way it is in Denver, I rarely see "We Buy Houses" type of signs, so just wondering if wholesaling is dead in Colorado because prices are so high? 

Thanks, 

Brian 

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Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
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Scott Trench
#3 Personal Finance Contributor
  • Rental Property Investor
  • Denver, CO
Replied

Why anyone would sell their $400K+ property for a 10% discount through a wholesaler when they can list it and get full market price right away is beyond me. I think wholesaling must work in areas that are slower, sleepier, and lower price than Denver. Though I'm sure there are a few exceptions in the wholesale world that will prove the rule. 

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