Analyzing a new area for virtual deals

[Gardy Saturne]

Where to spend my marketing dollars for wholesaling ?

I'm analyzing two markets that I'm interested in. I am using listsource to pull the most cash buyers in the past six months by zip codes. Then looking into those zip codes with propstream to find vacant house built 1985 or earlier with 50% or more equity. I'm seeing a lot of cash transactions in zip codes that have a lot of vacant houses. I'm looking for some insight, but in my opinion I read that as an area that is thriving ? Meaning investors in that zip code is buying in areas that are vacant ? What do you guys think ?

I'm pulling data from two separate sources. Cash buyer activity from listsource. Vacant house from propstream. Out of the cash transactions from listsource I can't specifically tell what the cash buyers criteria is. But I just want to see if I am reading this right. Some zip codes do support the high cash buyer activity with low number of vacant houses meaning that specific area is more desirable because the demand is HIGH but the supply is LOW. But what happens with the demand is HIGH and the supply is HIGHER ? Is that area more undesirable since there is more vacant properties in that zip code than cash buyers ? The two markets I'm looking to get into is virtually. It would make sense If i had boots on the ground or relationships with realtors and other investors in that area to see. But I don't at the moment. Hopefully I can find that here. The two areas are OHIO & PA.

[Aimee Parker]

Ohio is excellent. The Columbus MLS had more transactions than any other city in the country this past month! I'm just east of Columbus, and our area has a great demand for rentals and not enough inventory. My area (Zanesville) is a gold mine for an investor for buy/holds I could suggest a few investor friendly agents to help you in Central and SE Ohio. I can assist you with getting them to the closing table anywhere in Ohio.