Is wholesaling worth doing in today’s market?

[Jonah Tyler]

I just got off a very long phone call with a local broker who informed me that perhaps now is not a good time to be a wholesaler. (in Denver specifically) He mentioned that there’s a boat load of competition between you as a wholesaler and other cash-buyers. He also mentioned that people tend to think that things are a little fishy when you include an assignment clause in contracts, and that investors really aren’t even looking to purchase investment properties right now since we are at such a high point in the market right now. What are your thoughts on this? Thanks! (: