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Updated about 14 years ago on . Most recent reply

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9
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JJ Gernaat
  • Real Estate Investor
  • Avondale, AZ
0
Votes |
9
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Wholesaling long distance, is it possible?

JJ Gernaat
  • Real Estate Investor
  • Avondale, AZ
Posted

Quick facts about me: I am living in Phoenix till the end of 2011 and then moving back home to Michigan. I am new to wholesaling but its what I want to do and I know REI is my future. I am unemployed (by choice) so I have almost unlimited free time.

My dilemma is this, should I put in all the time and effort of wholesaling here in Phoenix, knowing I am leaving in 10 months, or should I just focus on my area in Michigan even though it would be long distance for a while?

I believe there is no right/wrong answer to this so I would love to hear your ideas or opinions. Thanks!

Most Popular Reply

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1,899
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725
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Anson Young
  • Flipper/Rehabber
  • Denver, CO
725
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1,899
Posts
Anson Young
  • Flipper/Rehabber
  • Denver, CO
Replied

I know guys who do this all the time. With a great buyers list, and access to deals, you just have to put 2+2 together. What you dont have locally is the ability to walk the property, make notes on condition, etc.

I wholesaled a house last year locally without seeing it physically. I got it under contract, made a call and it was sold. I know its not always that easy, but its possible.

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