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Updated over 6 years ago, 06/21/2018
Hey Phoenix - Is This List Criteria Smart? What would you Change?
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.