New York City wholesaling

[Mike Sims]

is it possible to wholesale in New York City? Has anyone done this??

[Michael G.]

Hello Mike Sims,

You can wholesale anywhere there is real estate. You have to have an abundant and aggressive marketing strategy. Bandit Signs. Direct Mail.  Not sure what borough you are in but I will assume Manhattan. When you are driving the main streets or along the FDR drive take a look at some of the "We Buy Houses Cash" signs up on the light poles of the main streets. You wont see these signs in midtown manhattan but you will see them in Harlem, Upper Manhattan(Dyker Heights) and the Bronx at main street intersections or near the exit ramps of the FDR, Cross Bronx Expressway, etc.  In Brooklyn up and down Atlantic Avenue you see them. All the way from downtown to damm near the Queens border.  Those are wholesalers looking for deals.

I've never met wholesaler who did a deal in NYC but I find it hard to believe that in a city with boroughs that have 100 houses on a block that you cant wholesale.