Multifamily investor in Phoenix, wanting to get into wholesaling

Multifamily investor in Phoenix, wanting to get into wholesaling

Multi-family Investor · Phoenix, AZ · Member since 2013 · 24 posts · 4 votes

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

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  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    13y

    Hey William Petrisko welcome to BiggerPockets! I'm definitely looking forward to hearing more about your direct mail ventures, as I need to start my own soon!

    Let us know how we can help you out!

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    13y

    Welcome to BP, William. Wholesaling can really complement buy and hold, because you can keep the best ones (for you) that your marketing turns up. We're glad you;ve joined us!

  • Tracy RoycePro Member
    Investor · Scottsdale, AZ · Member since 2012 · 172 posts · 34 votes
    13y

    Welcome to BP William. There's always room for do-ers :) Sounds like you're off to a good start!

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