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Updated almost 9 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Jeremy Rowan
  • Keller, TX
1
Votes |
11
Posts

First time investing in a hot market! (Dallas Fort Worth)

Jeremy Rowan
  • Keller, TX
Posted
As a beginner in a hot market such as Tarrant County and Dallas County what are people's strategies on finding deals! I want to direct mail 5k postcards, find the return addresses, than 5k yellow letters to the same homes via listsource.com. These list include absentee owners and probates.. I literally have found yellow letters on the ground just walking in neighborhoods! It's crazy how competitive this market is! I'm also competing against cash buyers! I have lined up a 30 year fixed mortgage so MLS and auctions are not reliable. Any advice on how people find deals in this market will help TREMENDOUSLY! Thank you thank you thank you! Ideally I want to use the buy n hold strategy on a multi family home but at this point any deal that generates positive cash flow will work!

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