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Updated over 6 years ago, 06/21/2018

User Stats

8
Posts
2
Votes
Barrett A.
  • Tempe, AZ
2
Votes |
8
Posts

Hey Phoenix - Is This List Criteria Smart? What would you Change?

Barrett A.
  • Tempe, AZ
Posted

Hello Phoenix Investors!

I am about to pull the trigger on an expensive list from ListSource.com, but wanted to get 2nd opinions first

Here is the criteria:

- Geography - Central Phoenix (drawn polygon over map, north of McDowell)

- Built 1925-1990

- $30k+ equity

- Lot Size 4k+ Sq. Ft

- Last Market Sale Date: Pre-1/1/16 or earlier (nothing sold after 1/1/16)

- Omit business ownership

Thoughts? Feedback? Recommended revisions?

This will be the most expensive list I have bought to date, so I would appreciate an experienced wholesaler/flipper/investor's perspective.

My 2 exit strategies for this list:

#1: Get a property under contract, and wholesale it to another investor for $10k+ profit.

#2: Get a property under contract, use hard money lending to fix & flip it myself.

# of properties on list: 11,121

Will cost over $2k.

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