OfflineHey everyone. I was hoping to get some insight on how you investors in the Phoenix area build your buyers list. I'm currently working with a realtor who provided me with a list of cash solds within the last 60 days, but the problem is when I look up the tax info/mailing address on the assessor website they all show the old closing dates. None of them contain the current information from the most recent transaction, which leaves me no where when trying to find recent cash buyers in this area.
So basically does anyone know how long it takes for them to update this information? and in the mean time is there anyway to find the most recent buyers mailing address? or should I just be looking for cash listings that have closed later than 60 days?
Thanks in advance,
-Zach
Zach,
Very good question. I wish I had specific suggestions on how to focus on the cash buyers you are talking about above in the Phoenix area but I haven't ever really dealt with that down there. However, I thought I would give my 2 cents worth on finding cash buyers in the past couple of months.
Obviously, if someone paid cash for a property in the past month or two they are a hot prospect to add to our buyer list. But, there is no "magic" number. If someone purchased 6 months ago they also could be a prospect. So, while yes, we need some time line so that we can manage our prospects, I typically go back a full year when searching cash buyer records in the various areas where I invest. Some of them may be out of the market but most will still be active investors in that short time frame.
Good luck!
Chris
"Faith is the eternal elixir which gives life, power, and action to the impulse of thought.
"Faith is the starting point of all accumulation of riches!"
- Napoleon Hill, Think and Grow Rich
is call DEAN!
Mike
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