Fully Committed in Phoenix

[Barrett A.]

Hello Bigger Pockets Community!

My name is Barrett, and I have recently decided to dive completely into real estate investing. 

My goal is to improve neighborhoods, by buying fix & flip SFRs in Phoenix, Tempe, and the surrounding area.

Exit strategies: 

1.) Wholesale

2.) Fix & Flip it myself.

I am currently marketing via:

- 100 yellow letters per day (self published & mailed)

- 25 door hangers per day.

- Knocking doors & meeting residents daily.

Phoenix seems very heavily saturated & flipped already. There are not a tremendous amount of distressed properties that are not already purchased by other investors/LLCs

I am eager to meet fellow investors who would like to share ideas and strategies that work in the Phoenix valley.

Best of luck to you all, and feel free to connect with me!

[Chrissy Parsons]

@Barrett A. it sounds like you have some good strategies planned. You are ahead of a lot of others coming in.

I agree with @Jack Butala that marketing will be key and that you need to get your info out to as many homeowners as you can. 

As you said, the distressed properties that can be found Driving for Dollars can be scarce and you won't find enough to reach your goals. Think about working with a list broker to get suggestions for off-market lead lists in your area.

The Phoenix/Tempe area is pretty competitive for investors. You probably don't want to put all your effort into Absentee Owners. Consider adding lists of "Seniors with 15+ Year Ownership" and "Homeowners with Low Financial Stability Scores" to find motivated sellers.

What ever list you get, be sure that it has been run through the National Change of Address (NCOA) so that you aren't wasting postage mailing to the wrong addresses.