What market to focus on in Wholesaling Real Estate?

[theboytoaman]

Hello everyone,

Im 22 and currently active duty stationed in a small town kinda in the middle of nowhere. Im a complete beginner and was having trouble finding leads consistently in my area. The closest big city is the Dallas / Fort Worth area 2 hours away, should I focus on that market even though its going to be more competitive? Or should I keep it small and try to find leads in my own backyard?

 

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[Goodfella999]

Hello everyone,

Im 22 and currently active duty stationed in a small town kinda in the middle of nowhere. Im a complete beginner and was having trouble finding leads consistently in my area. The closest big city is the Dallas / Fort Worth area 2 hours away, should I focus on that market even though its going to be more competitive? Or should I keep it small and try to find leads in my own backyard?

Whats the population in your town?

 

[theboytoaman]

Whats the population in your town?

100k and hasn’t grown in more than 30 years

 

[jordandsilva]

Start with your own backyard, DFW is incredibly oversaturated. Feel free to expand to other neighboring areas where there is more growth, but I would stay away from DFW as you get started. It also depends on the level of systems you have in-place. If you are just getting started, beginning in your own area makes 10x more sense because you have the boots-on-the-ground work you can do (signs, door hangars, etc)

 

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[theboytoaman]

Start with your own backyard, DFW is incredibly oversaturated. Feel free to expand to other neighboring areas where there is more growth, but I would stay away from DFW as you get started. It also depends on the level of systems you have in-place. If you are just getting started, beginning in your own area makes 10x more sense because you have the boots-on-the-ground work you can do (signs, door hangars, etc)

Appreciate the advice.