How to find that first great deal??

[Jacob A.]

I'm new to the real estate investing/flipping scene here in Raleigh, NC and I've done all of my due diligence including educating myself, finding a good realtor, locking down financing and finding a contractor. I'm curious how some of you found your first deals as competition is through the roof here as I'm sure it is in most other places. I check the market daily for deals and there's just not much out there as I'm assuming most of the great deals get swooped up before they even hit the market. What kind of recommendations do you guys have on breaking through these barriers to entry? Thanks in advance for the advice.

[Mike LaCava]

Hello Jacob Allen. Welcome to BP. Like J Scott says don't' focus on deals offered to every other investor out there. You are correct competition is fierce especially with bank owned properties on MLS.
Listen to @Danny Johnson podcast on BP. He gets all or most of his deals from sellers through his exceptional marketing plan. Also check out @Sharon Vornholt as she has excellent skills at getting non mls deals. Much less competition that way and sometimes no competition. I use some of those strategies as well. Contact some legit wholesaler's in your area to see if you can get on their buyers list and let them know you have finances to close.