@Jean Bolger Agreed the Denver market is crazy and realtors need to have some wholesaling like characteristics to be "investor friendly" these days.

These are also the same characteristics we look for in a flip (minus the rent of course).

So I think the answer for any particular provider, would depend on the customer base and some of the unique characteristics of the provider.

Asset-type riskHotels, apartment buildings, senior living facilities and retail centers all have different risk characteristics.

Asset-type riskHotels, apartment buildings, senior living facilities and retail centers all have different risk characteristics.

If you don't have all the knowledge about flipping that your customers have, you're not going to be very successful at understanding what they are looking for in a deal, verifying that your deals have those characteristics and then being able to sell those deals.In fact, I've often recommended learning to flip before learning to wholesale -- I actually flipped about 30 houses before I ever wholesaled one, as I found wholesaling *more* difficult than flipping, simply because you have to be *much* better at finding and negotiating good deals when wholesaling, and that's one of the hardest parts of this business.So, in short, I would say that if you want to wholesale, you should be intimately familiar with the information both the BP flipping books, and also be an expert in marketing/sales/contracts. 

Thanks for attending the tour, markets vary with different characteristics. 

It's the same thing pretty much as buying residential homes - nice areas or areas with certain characteristics are likely to improve and increase in value. 

Expenses/CAPEX depend on the physical characteristics of the property, not on how much rent someone is willing to pay.Just my two cents. 

Although this ratio fails to take into account many important characteristics such as lower-income areas of a zip code, number of bed/bath rooms and conditions of the properties, it is great to getting a high-level understanding of an area, as it is only an average and not specific.Price-to-Rent Ratio = Median Monthly Rental Price / Median Sales PriceTo calculate this ratio, you can find the needed data at www.zillow.com/research/data/.