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Updated over 1 year ago on . Most recent reply

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69
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11
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Zee Singleton
  • Rental Property Investor
  • Houston, TX
11
Votes |
69
Posts

What’s the best place/way to find deals?

Zee Singleton
  • Rental Property Investor
  • Houston, TX
Posted

Hi…I’m getting a lot of deals from wholesaler list but most don’t have enough equity. What’s yall process to sort through deals? Do you have a “go-to” because you know the deals are good? Do you have someone cherry pick deals for you?

Most Popular Reply

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4,137
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3,816
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,816
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4,137
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

Given the state of this real estate market a lot of investors are finding deals ON MARKET. Unless you have systems, more systems, network of agents, wholesalers, or boots on the ground sending you leads it's pretty challenging to find deals. It's another reason sub 2 deals are happening more often. There's not as many strings to pull. 

I think it's smart to niche down into corners of neighborhoods and property types. If something falls in your lap take advantage of it otherwise you're spending thousands on systems, marketing, and blanketing entire areas which is what big investors are doing. Go big or stay small and snipe deals where others miss it. My opinion comes from a local prospective and not an OOS investor with big money. 

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