All Forum Posts by: Brendan Persicketti

Hi everyone. 

I recently came across a triplex for sale in Audubon, NJ. 

My team and I are not interested in actually renting out the property but are looking to wholesale to a buy-and-hold end-buyer. The property has 2 units rented out with the third needing slight repairs. We have calculated the rehab and what the units would rent for, but we are struggling to determine an accurate MAO.

We don't want to rely on cap rate seeing as the property only has 3 units, but we also cannot find any solid comps. All multifamily properties sold recently and in the area are duplexes. 

I was wondering if anyone knows the value difference between duplexes and triplexes in the South Jersey market?

I appreciate any help!!!!

Thanks for the advice!! I appreciate it 

Hello everyone, this is my first time posting in a biggerpockets forum. I am located in southern NJ, right outside of Philadelphia. 

I am becoming more and more interested in wholesaling. I have been analyzing properties and surfing websites looking for deals. By driving for dollars I have collected a list of properties I am going to mail, as well as developed the letters I will be sending. However, that is where I am stuck. I was wondering if anyone had any tips on the wholesale process, and more specifically developing good buyers lists??