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Updated over 6 years ago on . Most recent reply

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Nathan Walden
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What Is The Best Way To Find BRRR Properties?

Nathan Walden
Posted

I'm trying to figure out what is the best way to find a BRRRR property as an investment. I realize that there is the marketplace on here but unfortunately by the time I find a BRRRR listing, it has already been sold. I also know that there are other investors that are able to find properties without using the marketplace on here. I'm guessing spending hours on Zillow looking for the right one or having the right connections? My markets that I am looking for are in Phoenix and the Inland Empire in southern California.

Most Popular Reply

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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
3,065
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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
Replied

Generally, in a seller's market an investor cannot compete with owner occupants on MLS properties. You will need to take additional risk and buy from places like auctions, HUD, Homepath, wholesalers, FSBO, drive-bys, Craigslist, etc. A young investor should be very cautious in the current market.

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