Selecting markets for virtual wholesaling

[Monica Caliber]

I'd love to hear from the experienced folks here, how do you select markets for virtual wholesaling.

[Jason Small]

HI @Monica Caliber -- key points to keep in mind:

1. Market Demand: Factors such as population growth, job opportunities, and overall economic stability.

2. Market Stability: Choose markets that have historically shown stability and consistent growth in property values. Look for areas with a low foreclosure rate and a solid rental market. Use crime maps to avoid high crime areas.

3. Accessibility: Since you will be working virtually, choose markets that offer ease of access. Areas with good transportation infrastructure.

4. Local Laws and Regulations: Familiarize yourself with the laws and regulations by understanding any licensing requirements, contract laws, zoning regulations, and any other legal considerations that may impact your wholesaling activities.

I would also look for places tied into public water/sewer to avoid septic tanks/issues.

I hope this all helps and if you ever want to chat - I'm part of a national network of investors and we pay $1k referral fees for wholesaler dead leads. Text is best - 917-509-3427

Thanks and good luck!