BRRRR strategy in Arizona

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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

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?

 


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 

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