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Updated about 11 years ago on . Most recent reply
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New investor question
Hi, my name is Ryan, I'm 21 years old, and I'm looking to start wholesaling houses on top of a 9-5 electrician's apprentice job. I've slowly been researching how to get started in this business that frankly I have no prior experience in whatsoever and after weeks of reading articles and listening to podcasts I realized that there is only so much value I can get from that information without actually getting out there and experiencing it so I decided I have to get started.
So far I have registered with iFlip and got my squeeze pages set up allowing me to build my buyers list and I'm working on sending out my first batch of yellow letters to attract motivated sellers. From the information I've found online I am interested in purchasing a absentee owners list somewhere in the St. Louis area but I'm not sure how to decide what zip codes to market to.
I feel like from a practical standpoint for investors I would want to find areas with cheaper houses that have higher rents, but I'm not sure how I would go about finding which areas would be best for that. I guess my question would be how do other investors figure out what areas are best to market to?
Thank you very much for your time,
Ryan Meader.