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Updated over 11 years ago on . Most recent reply
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Multifamily investor in Phoenix, wanting to get into wholesaling
Hello!
I am a new member in the Phoenix area.
I purchased two rental properties last year (fourplex and duplex), and recently sold the duplex. Now I've got cash in 1031 escrow while I look for another property (tick, tick, tick...) to hold as a rental.
I also want to get into wholesaling, I started a direct mail campaign in March (300 letters) and April (250 letters) and have had 7-8 responses, but so far no motivated sellers... I'll post something in the wholesaling forum about my experiences there...
Yes, I know I need to get back to AZREIA and PHXREIA meetings and get talking to people...
So is there enough room in Phoenix for another (hopefully not wannabe) wholesaler? :)
-bill