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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Washington, DC
1
Votes |
9
Posts

Saturated DC Market for Wholesaling?

Account Closed
  • Rental Property Investor
  • Washington, DC
Posted

Hi everyone,

I recently went to a meet up where a few people were highly discouraging wholesaling in the Washington DC area. I’m a newbie, but am confident in my abilities to succeed. They mentioned that the scene is really saturated with wholesalers chasing the same deals...do you find this to be true? How do I make myself stand out?

Personally, I think with the right personality and business approach anything is possible!

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,084
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Originally posted by @Ned Carey:

@Account Closed would be a great person to comment here.

 I get about 3 letters per property per week. Thats sort of an indication of how many wholesalers are using direct mail to try to buy properties.

Ill also see the same property being advertised by about a dozen different wholesalers.  At this point I kind of ignore all the wholesaler emails except from like 3 different guys. 1 of those three I dont like doing business with, but because of their size I cant avoid it, and the other 2 I have relationships with and no Im not going to have issues dealing with. 

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