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Updated almost 12 years ago on . Most recent reply

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107
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Asher Anthes
  • Charlotte, NC
13
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107
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Searching for properties... methods?

Asher Anthes
  • Charlotte, NC
Posted

Okay what are some good systems for searching for deals? I'm looking to buy ASAP as soon as I find the right deal. But I'm getting bogged down looking through MLS listings and zillow.

The way I do it right now, I look through my most recent MLS updated listings, if I see something that looks promising I type it into zillow and compare to comps by price per square foot. If it's not at least 20k - 30k under value I move on.

Keep in mind, my strategy is to move (along with the roomates that live and rent from me), sell my existing house, and live in the new one for 2 years then sell that one.

I know this is kind of a general, broad post, but just seeing if anyone has any input, or ideas how to get access to more access (ie. foreclosure listings or something that not everyone and their mother has access to like the MLS.

Thanks guys!

Most Popular Reply

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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

There are lots of ways to find deals other than the MLS

Pre-foreclosure
Vacant houses
code violations
rent court
Fire
burnt out landlords
delinquent taxes
auctions
FSBO
Craigs list
wholesalers
Absentee owners
out of state owners
Probate
Bankruptcy
Direct mail to any of the above.


Nobody is finding deals "left and right." which implies it is easy. Finding great deals is hard work.

Also most great deals aren't "found" they are negotiated.

Good luck - Ned

  • Ned Carey
  • Loading replies...