Wholesaling is possible pretty much anywhere, as long as you understand your market and target your buyers appropriately. For example, in areas where there are lots of investors, it’s easier to build a buyer’s list to wholesale to; in areas where there are fewer investors, your buyer’s list may mostly contain owner occupants who are looking for houses for themselves.

Likewise, in higher priced areas like San Jose (where I used to live, btw), most of your buyers will either be owner occupants or rehabbers, as it’s much harder for landlords to get cashflow on rentals. So, as long as you target your buyers correctly, and as long as you can negotiate great deals, you can be successful wholesaling wherever you are.

Serious investors need to know their market better than the competition. Information is power.

I completely agree with Steph. Not only for finding properties, but also for evaluating properties, getting comps, figuring out ARV.

My wife got her real estate license when we started investing, specifically for the purpose of having access to the MLS. This is where we find 95% of our properties.