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Updated over 6 years ago,
Investor in need of wholesale deals
Hello Group! My name is David Vitarelli. I have recently sold my building maintenance company in Philadelphia, PA. Now that I am shifting away from my maintenance company and focusing on investing in rental properties I have found that the level of competition on MLS properties is very high! We have been making offers on properties we like at the prices that make sense to us but, to our dismay, other investors keep jumping in and driving up the price! I have come to the conclusion that finding off market deals is likely the best way to pursue my interests. My quandary is.....I know how to build a marketing campaign for a service business but I do not know how to do this for a rental property business. I am interested in having discussions with other successful people on this forum on what some of the best steps would be to get in front of the deals I am looking to purchase. To be specific, my interests revolve mainly around affordable housing in West Philadelphia and parts of North Philadelphia. From my limited research, it seems that a combination of direct mail and telemarketing seems to be the most successful. These are mediums that I am familiar and comfortable with. Looking forward to chatting am working on a plan!