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Updated about 2 years ago on . Most recent reply

User Stats

346
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119
Votes
Jewel B.
  • New to Real Estate
  • Lehigh Valley, PA
119
Votes |
346
Posts

Finding Off Market Deals On Market

Jewel B.
  • New to Real Estate
  • Lehigh Valley, PA
Posted

I'm curious if anyone here finds "off market" properties "on the market".

Have you ever considered, tried, or had success with messaging the owners of listed rental properties? Whether you saw it advertised for rent as a LTR, MTR, or STR and whether you saw it on Craigslist, Facebook Marketplace, FurnishedFinder, Airbnb, Vrbo, or a sign out front of the property "for rent".

Presumably one would look for mom and pop looking places, self managed, outdated, rundown, unprofessional looking.

What did you say to them and what happened?

Most Popular Reply

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,152
Votes |
4,205
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Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Replied
Quote from @Jewel B.:

I'm curious if anyone here finds "off market" properties "on the market".

Have you ever considered, tried, or had success with messaging the owners of listed rental properties? Whether you saw it advertised for rent as a LTR, MTR, or STR and whether you saw it on Craigslist, Facebook Marketplace, FurnishedFinder, Airbnb, Vrbo, or a sign out front of the property "for rent".

Presumably one would look for mom and pop looking places, self managed, outdated, rundown, unprofessional looking.

What did you say to them and what happened?

Yes, it happens all the time. Some people put their property "for rent" because they don't want to pay realtor fees. They would rather sell but don't have enough equity to put it on the MLS & cover the fees. That's just one of many examples.

By all means, contact all advertisers and just ask if they would be interested in selling instead of renting it out. 99 will say "no" and 1 will say "yes". That's plenty for you starting out.

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