Simple tips on how to find amazing real estate deals you won't believe are real
Updated: Jun 6, 2019
It stuns me how many investors say, "I can't find any good deals." Dears, you're not looking!
I want to share a few of my favorite methods for finding deals. First and foremost, I am here to tell you that knocking on doors is still the best way to find deals because other investors hate to do it. The biggest problem is that investors don't know what to say.
Do you also know that there is a wealth of other information that is public knowledge?
Try mailing to people in probate, going through a divorce, in bankruptcy, and landlords who just walked out of eviction court. This information is public knowledge, and the typical investor doesn't tap into it. NEVER be typical.
What about mailing lists?
Have you ever considered buying a mailing list and "farming" neighborhoods? It works for Realtors, why won't it work for you!
Realtors buy lists by the zip code and mail where they want to own property. Won't it make sense to have several properties for sale in the same area opposed to all over the county?
Investors, take the time to find people who have moved or changed their numbers. If they have moved, you have a deal because the mental attachment to the property is gone.
Do you run ads in newspapers or social media?
Why not? Many investors think ads are too expensive. How many deals do you have to do to pay for a year's worth of ads? One? I will give you a little known tip: Place your ads under "money to lend." Many times the homeowners' first choice is to save their house, not sell it. Once you have them on the phone you can negotiate your way into the deal.
You will make as much money as you are willing to work for. My question for you is: How much are you willing to make? The sky is truly the limit. The bottom line is this: There are thousands of deals out there. If you don't make the effort to find them, other investors will.