Originally posted by @Ceasar Rosas:
@Remi Oguntoye
You may find wholesaling in NYC to be difficult unless you are already experienced. We are an attorney state and many attorneys do not allow their seller client to sign assignable contracts. You may be better off looking at getting your real estate license and learning the sales process thoroughly. What part of NY would you be working out of?
Ceasar, I have actually decided to start the process of wholesaling in Charlotte, NC. I have a good friend who has lived there a while who I am going to partner with. I will handle the lead generation, while he will do the ground work, locally. I am planning to post a separate thread for advice, networking, etc, after I have gotten what I can get from the forums on the topic.
I am not ruling out one or the other of us getting our real estate license in the future, though.
In terms of areas, I would focus in the Bronx, and the further away areas of Brooklyn/Queens. As I am still far from the action, I really don't know neighborhoods yet. The process of learning the NY market begins now. What areas of the city are you focused on?