Wholesaling in Southern California

[Neil C.]

Hey everyone - For those of you that conduct any wholesale deals in Southern California, can you please assist in letting me know which areas are best to target for wholesale deals? I know the market is good down here, but I know there has to be specific counties and pockets in good areas that wholesale deals are done at.

Off the bat, I'm thinking Riverside County and San Bernardino counties would be the best, but any help would be great!

Thanks everyone!

[Ethan Vegas]

Hi Neil,

This is a great market for real estate investment, with all types of properties in carious conditions, and just as diverse of an investor base. There is an investor for just about eery good deal in the greater LA area, so if your approach is wholesale, I would suggest you look at areas that have a higher than typical interest for investors, and where a little hustle on your part can secure a discounted contract with lots of value or your end buyer. Riverside/San Bernardino/Inland Empire certainly has lots of available inventory, but I'm a little concerned with demand from investors in that area. They're certainly there, as that market continues to lag, it could make it tough to move those contracts. You might look at other areas more local to the main part of the city with higher occupancy....maybe South LA, or antelope valley? If I were looking at a flip or hold property, and I had my choice of all La markets, Riverside and San Bernardino may scare me off a little. Just my two cents.....good luck!