Is Wholesaling Still Viable?

[Vincent D.]

I've been a fix-and-hold guy for a few years now, exclusively, and haven't flipped anything (contracts or properties) for at least that long now.

In considering re-entering the w/s niche, I wonder, not rhetorically, if it is nearly impossible now to find deals that buyers can't equal with a generic mls search for bank-owned inventory. Further, is the investor-buyer volume substantial enough that wholesaling has viable exit/profit? I ask these questions sincerely, unsure of the current viability of getting in and out of a deal expediently and profitably!

Thx much for the feedback folks!

[Vincent D.]

Originally posted by Steve Babiak:

Originally posted by Vincent D.:

I collected 13 vacant house addresses and searched the rent rolls for ownership. ...

How did you get the rent rolls if you weren't already in contact with the owner? And why would you expect to see a rent roll on vacant houses?

Obviously i meant TAX rolls, but i think you are too busy coming thru posts looking for opportunities for self-aggrandizement to consider this. In fact, i just finished tweaking my 31sfr, $1M plus portfolio rent roll and it was prevalent on my mind when posting my wholesale comment.