Wholesaling Competition

[Robert Burns]

I am ramping up my REI work and shifting from wholesaling lease options to traditional wholesaling. One question that keeps popping up in my mind is how much competition is out there from other folks looking for and wholesaling properties in my local area. Another view of the same topic, is how many properties in a given area will be good wholesaling candidates? I guess the more I get in to this, I just get the feeling that the inventory of potential properties is shrinking, ie ..there are fewer coming available as opposed to the ones already taken. I see quite a few and sometimes many bandits signs. A search on the internet reveals several other local and of course numerous out of state wholesalers looking for wholesale properties. I know that the final issue is not to be concerned about competition but I would like some feedback for experienced long term wholesalers about the competition in the wholesaling strategy.