I can’t find a house!!

[Kiersten Hegna]

I got myself ready, I read all the books, I opened an LLC, I set my criteria, I have a realtor. the only think I don't have is a house! I've made several offers at asking price, even offered cash. All rejected. First world problem I know but I am super deflated! Is this me or the market? What do I do next??

[Cornelius Garland]

Quote from @Kiersten Hegna:

I got myself ready, I read all the books, I opened an LLC, I set my criteria, I have a realtor. the only think I don't have is a house! I've made several offers at asking price, even offered cash. All rejected. First world problem I know but I am super deflated! Is this me or the market? What do I do next??

Welcome to the world of investing. This is why many investors focus their efforts on generating off-market property owner leads.

You could put a small marketing campaign together to test the waters. For instance, pull a list of homeowners who purchased their houses before 1999 and target distressed / gentrifying areas. These homeowners are more cooperative than targeting affluent areas, and you can add value to the homes, which will justify the homeowners selling for a discount.

Lead gen and marketing is a deep rabbit hole, and there are a lot of opinions on BP as to the best route to take. My opinion is that you will need to have a steady flow of leads coming in if you want to turn this into a business.

Usually, the good deals are sold directly from agents to their network of buyers and they may not even make it on the MLS. It might be good to go to your next REIA or local real estate investing group meeting and get connected with the bigger wholesalers in your market.

All the best,
C.C.