Hi there, first off my wife and I are out of state investors. Investing in Arizona. We have 4 SFR since we started last year. We are now ready to take it to the next level. We've decided on the BRRRR strategy. We have our whole team in place ready to go. We are struggling with the deal finding though. Is anyone out there using this strategy and how are you finding the deals? We are on some wholesaler list and when they send over deals we act immediately and they don't normally call us back and when we do hear back the deal is gone. Any advice would be great. Thank you

What area?

@Martin Toomey My other properties are in Phoenix and Buckeye so I’d like to be in that general area, but willing to go where the deals are.

Check out Mohave co. particularly around topock/golden shores. See how much they've gone up in the last year and projected increase next year

Originally posted by @Tony Ramos :

Hi there, first off my wife and I are out of state investors. Investing in Arizona. We have 4 SFR since we started last year. We are now ready to take it to the next level. We've decided on the BRRRR strategy. We have our whole team in place ready to go. We are struggling with the deal finding though. Is anyone out there using this strategy and how are you finding the deals? We are on some wholesaler list and when they send over deals we act immediately and they don't normally call us back and when we do hear back the deal is gone. Any advice would be great. Thank you

Depends. What price point are you working in?

@Account Closed

We’d like to be under 300k for purchase price, since we will still have to put in cash for the rehab

@Martin Toomey

Thank I definitely will, do you have any properties out there ?

Not yet, currently shopping. 

Originally posted by @Tony Ramos :

@Mike M.

We’d like to be under 300k for purchase price, since we will still have to put in cash for the rehab

How about one that has a 4 bed 2 bath that also has a 960 sq ft brick building with an RV gate that can be turned into an apartment or MIL (or Mother-in-law) so, it's a twofer (two for one) like this in Phoenix AZ - Lots of So Cal CA investors in Phoenix 

Hey Tony,
you just have to get a little more creative.. I’m getting about 90% of my clients offers elaccepted.. I would not 100% rely on wholesalers, there are other off market sources for properties that aren’t as competitive. Secondly, you just have to move quickly so be ready to write instantly. Lastly, there are a few tricks you can do with the terms and the offer to get the job done done!

Originally posted by @Tony Ramos :

Hi there, first off my wife and I are out of state investors. Investing in Arizona. We have 4 SFR since we started last year. We are now ready to take it to the next level. We've decided on the BRRRR strategy. We have our whole team in place ready to go. We are struggling with the deal finding though. Is anyone out there using this strategy and how are you finding the deals? We are on some wholesaler list and when they send over deals we act immediately and they don't normally call us back and when we do hear back the deal is gone. Any advice would be great. Thank you