How to start wholesaling in a tight market

[Nick Reaves]

Hello all. I'm in Denver, CO, it's a pretty crazy market here right now; prices going up, bidding wars, even distressed properties are selling easily. I want to start in wholesaling but feel like my local market will be hard , I'm sure there are plenty of experienced wholesalers who have already picked over the low hanging fruit, and I feel like it will be difficult to find deals, when even ignorant people know how hot our market is. Any advice on how a newbie with a very low budget could break into this market? Or should I consider wholesaling elsewhere? I know some of the big wholesalers in town are focused on other out-of-state markets. I would be willing to consider that but wondering how I get a good boots-on-the-ground person to be there in a non-local market to help? How much do I pay them? How do I find them? Also how do I research beforehand with a different market to find out if it is more viable for wholesaling than my current one? How do I research within a distant city, what spots are worth investing in or not? Any help or advice at all would be greatly appreciated, thanks in advance