Setting up MLS Search Filters for investments

[Zak Dietzen]

Hello,

I'm new to the forum and also a newbie in the game of Real Estate investing. I have 4 deals currently under contract and searching for more. I am a licensed Florida real estate agent with virtually no training. I reside in Fort Lauderdale and looking for properties around South East FL. I'm wondering how to use MLS to find potential investment deals most efficiently.

I am interested in single family and small multi-family properties. What are some good keywords to filter when using MLS? What other tips and tricks can you do with the MLS information to help locate deals quicker and more efficiently.

[Bret N.]

In the search parameters within your MLS you might be able I create tags in either the: owner name field or agent remarks field that sends you an email any time a home with the following tags is entered in to the system. I use:
HUD
as-is
Fannie
Freddie
addendum
Cash
bank
Corporate
Owned
Non-MLS lockbox
VA
REO
Asset
Other strategies are to setup searches based upon the top REO agents in your area.

It really depends on your MLS. I use Mlxchange and Paragon