Sunday Quick Tip for getting deals!

[Brandon Richey]

Here is a great tip I use and I think any active or soon to be active investors should do especially in the single family space. Every Sunday night I post on local real estate, buy sell type groups essentially saying , hey I'm looking for real estate deals, can have tenants, problems , issues , damage etc and I'm willing to buy if the deal fits!

Another great thing to do is go to your search engine for properties, for me it is Zillow. I go through searches that are in my price range I like to buy, area to buy , criteria etc. essentially narrow it down to what I think is a deal i would like. Obviously on the price range I go a little above for the fact I'm trying to track properties. I try to save the ones I like , and start to track them. I try to really focus on deals that are in my "line of sight" and been on the market over 90 days. Once they get over 90 days I feel it's a great time to make "silly offers " on these properties. They don't always work but when they do it feels like Christmas. So make a point to search and actively look for real estate , offer on homes even if your offering 20k under asking price. Offer the price you need and see what works. I have had times I have offered say 80k on a listed 100k home and get countered at $85k. At that point we are in business if the property appeals to me ! Don't be afraid to offer a "silly offer". We all do it and it's part of the gang. Find and identify properties in your area and use local social media groups to help you do the same !