Why is Phoenix the capital of wholesaling gurus?

Why is Phoenix the capital of wholesaling gurus?

Rental Property Investor · Member since 2021 · 423 posts · 190 votes

Steve Trang. Pace Morby. Brent Daniels. McKeegly. They’re all from Phoenix.

Just curious.

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  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    3y

    I've wondered the same thing - my guesses are:

    -Big metro area (Maricopa County 4.5M people)

    -Fast growth (tripled in population since 1980)

    -Newer, more uniform housing stock than east or midwest

    -Good weather

  • Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
    3y

    The Great Recession hit Phoenix hard. It could be because there was a lot of opportunity working with distressed owners in that timeframe.

    It could also be that Phoenix is a large metro with a big population and generally business friendly climate.

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