There is so many properties in many areas that it does become competitive at times, but this market has its ups and downs.

I think marketing is the most misunderstood part of wholesaling therefore you will have a big jump on much of the competition.  

Originally posted by @Emery Johnston:Its terrible, invest somewhere else I hope so much this is a joke because you don't want more investor competition. 

When you buy or sell your own houses, you can get paid a commission or not pay someone else a commission - this is very valuable, especially if you are listing dumps that no one else wants to sell - sells our houses in a fraction of the time and for multiple offers and more money most often, so it makes us money.3.  

Hard money loans can be the way to go, but very hard to implement in a competitive market, which leaves you with a 100% cash purchase plus repair.  

We just don't know, nobody does, but we're jumping in.As far as Phoenix, I know it's crazy competitive, so you might defer to the other poster and change up strategy.

There's so much competition that it's hard for us to get our own leads, when we do, people think our prices are "too steep".

Hey BP community,I was listening to a podcast here on BP (episode 181: Finding Deals and Scaling in a Competitive Market) and the special guest talked about a good way to get feelers for where the competition is flipping properties in your market.

Memphis is a pretty competitive market…I would be more concerned about how you plan to get deal flow, or off-market leads?

Depending on price point there are a range of options, although Kelowna is getting quite competitive (as I would assume Victoria is as well).