How to Find Real Estate Deals That 99% of People Will Overlook
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- Опубліковано 5 чер 2024
- Episode #944
Looking for cash-flowing short and medium-term rental properties in the best investing markets in America? Visit Rent to Retirement or text “REI” to 33777: www.renttoretirement.com/
It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental property isn’t as easy as before. But maybe that’s just because most people don’t know where to look for these properties. In reality, there are steals and deals all around us, and if our hosts can take down home-run real estate deals in this housing market, what’s stopping you from doing it, too?
So today, David Greene and Dave Meyer are giving you three ways to find your next real estate deal using both on AND off-market investing tactics. The majority of Americans ignore these tactics, and only serious or savvy investors will follow through on them. Once you know where to find these deals, the deal flow doesn’t stop. If you can master any of these three tactics, you’ll have a source of profitable investment properties streaming to you for years to come.
First, we’ll show you how to find off-market deals and a few strategies you can use to locate and engage with motivated sellers. Next, we’re sharing the exact networking play to get real estate deals sent straight to you. And if you think on-market (MLS) deals are dead, you couldn’t be more wrong. David shares how he picked up an on-market luxury vacation rental for a surprisingly low price, all because he knew where to look!
Looking for cash-flowing short and medium-term rental properties in the best investing markets in America? Visit Rent to Retirement or text “REI” to 33777: www.renttoretirement.com/
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How to Find a Deal When Inventory Is Low:
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30 Ways Find Good Real Estate Deals In 2024:
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Instagram: @thedatadeli or / thedatadeli
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Connect with David Greene:
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Instagram: @davidgreene24 or / davidgreene24
Show notes at: link.chtbl.com/BPRE
00:00 Intro
01:25 1. Discounted Off-Market Deals
09:56 2. Talk to These People
16:04 3. Overlooked MLS Properties
25:12 Find Your Next Deal!
One detail I liked the most was the example of targeting properties that don't qualify for conventional financing, revealing an often overlooked opportunity in on-market deals!
Would that be a box to check or uncheck on a search engine? Like "☑️ No FHA"?
Great content guys! A lot of good points on why off-market deals should be looked at with a grain of salt
So true about real estate licenses not making money if not used, mine just costs me money. But I do like access to the MLS
I feel you!
I’ve bought most of my deals on mls. But hey try these other ways 😂
Driving dollars is great! I use to use a tool call Batch Driven (now batch leads I think?). It would help me find new areas, record where I have been and prevent me from going in previous areas. It also had a feature where I can just 1 click send a post card to that person. Most of my success came from face to face interactions or leaving a hand written note. The tool also had virtual driving if the area was too far for me or if I simply didn't have time to drive.
This is my first BiggerPocket episode where I am the first viewer and first to comment. And I've been watching since Josh Dorkin was around.
You have made it!
How much money / liquidity would you need to have upfront be an investor for the “off-market deal”?
If you ever come into anything in apopka, Fl, let me be the first you contact!
Perfect timing
I got a random call about my house while watching the “driving for dollars”
part of this. Weird. lol
tax liens, creating relationship with Realtors to bring you deals, probate.
Top 3
Five comments in five hours? Bigger pockets fell of.
I think the economy fell off. People aren't able to invest if they are struggling to feed their kids. Bigger pockets are still on their grind. 👍💯
@@brandon6101 it's a joke people do. I don't think they actually fell off.
First comment!!!
If you do direct call, be ready for the occasional insult. I personally take it as a violation of my privacy when an investor calls me directly on my cell phone or home and I let them know it. I will never sell to one of them
Okay...
@phil1954....just don't answer the phone...they usually won't leave a nbr
Dumb point of view