Low Inventory in the Denver Market for Wholesale Properties?

[Dawn Fuentes]

I'm very new to real estate investing and I'm currently starting out wholesaling properties. I keep hearing that the available inventory of houses with good profit margins in the Denver area is very low. I seem to especially hear this from Real Estate agents when I contact them for listings of homes that need repair. I am using a lot of other methods to find properties than just relying on agents, but they are definitely an important tool in my toolbox.

Is anyone else running into problems finding properties in the Denver metro area? I know there are properties out there and I intend to hunt them down as hard and as fast as I can, I am beyond determined, but I was just wondering how things have changed over the past 6 months to a year and if others are running into this as well? Does anyone have any good tips to pass along for finding properties?

I'm currently using Craigslist and some other free classified sites, bandit signs looking for distressed property owners, word of mouth with my own network and software that gives me access to pre-foreclosure properties so I can do direct mailings. I have a few bird dogs I've enlisted that are out there on the streets looking for me as well, but are there other effective methods I should be using? What are the communities' thoughts on this? Thank you very much in advance for any input, it's so great to have other people in the industry to reach out to for advice and collaboration, I'm so glad I found this website!