Best market for wholesaling or flipping in Southern California

[Michael Halow]

Hey guys, 

I'm new here on the site and to real estate. I'm about to put a lot of money into marketing. I plan on hitting the ground running. My dilemma is, I don't know what the best market is for wholesaling and flipping in Southern California.  I wanted to market in 5 to 10 areas at the same time. I heard Riverside is good. I'm wondering what other ones there are. Any help would be greatly appreciated! If you could list them in order or best first that would be great! And for those who say "focus on one market", I might do that, but I am having my website built out and I have certain pages for each city to help rank on google so I need 5 to 10 cities to list. Thanks Guys! 

[Ray Lai]

Originally posted by @Michael Halow:

@Cornelius Charles I live in so cal, so driving to say LA or Riverside isn't really a problem if I have a potential deal. @Ray Lai I am brand new to the industry (been studying for about a month) and am working just me solo. I have MLS access for all of so cal already. I've hired pat live and set them up with scripts for my incoming call screening. That along with my investor carrot websites (seller and buyer) are hooked directly to my podio in which I am using investorfuse within podio to manage all my leads. I have a consult with Dan Barrett from adwords nerds tomorrow to start my adwords campaign. I have been posting CL ads for cash buyers and have already built a decent list. As far as a game plan for what to say on the phone im just going to do the best I can at the moment. I've done some studying so I'm pretty confident I won't sound like an idiot. I am not opposed to help from anyone tho... I'll take all the help I can get, I love learning. I would appreciate any ideas. I am currently trying to figure out where to start a direct mail campaign.

I haven't seen anyone tell you where to invest in SoCal yet and that's not surprising. Why would someone try to sell you on where they invest in so that you would directly compete against them when the competition is already very high for SoCal. What's in it for them? Deciding on where to operate is a crucial decision that I wouldn't leave to BP. 

You've accomplished a good amount in only a month. How deep your pockets go should strongly influence which markets you're competing in because of the different price points. Further inland is where people can afford to operate. If you're competing in SD / OC, there are people dropping $10k+ on their campaigns for month so targeting low-hanging fruit will be low probability.