Is wholesaling dead?

[Phil B.]

Hi all,

I'm a newbie to real estate investing (wholesaling) but fairly experienced in business. I own a company outside of real estate that does well (I sell to Walmart, Home Depot, etc.)

With that, I am interested in wholesaling because I am interested in the concept and it works with my expertise (marketing). With fierce competition, low barriers to entry and a changing real estate market, can you still make a living these days wholesaling?

I'm not looking for a get rich quick scheme and I have money and expertise for marketing. Is wholesaling still a viable business if backed by money, expertise and hard work? Is anyone out there clearing 30k+ a month profit strictly wholesaling?

I'm curious to hear your thoughts before I get too deep.

Thanks.