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Updated 4 months ago,
What Does Every Investor From CA to AZ to GA Want? A Good Deal! Heres How To Find One
Don't get me wrong, it entails work. But it pays off.
There are basically two methods outside of buying off of the MLS
1. Outbound - requires time and effort. This includes phone calls, mailers, driving for dollars, yard signs, flyers, post cards, door knocking, posting on social media, word of mouth - immediate results
2. Inbound - requires time and money. With money you can run PPC, SEO, Facebook Ads, Radio - long term 6 months to a year to break even
We work with our investors in the first list. It gives more control and has the best returns.
We don't use the MLS. The real reason why not, is that, on the MLS, the margins are very low, and the entry costs are substantial with low returns, and people take substantial risk. Using the method we use in item one, entry costs are quite low. Risks are more limited.
Do not confuse "low cost" with "no cost". Every opportunity costs something, it's just a matter of optimizing that cost.
I'll cover the approach, time, cost, how we get low interest rates and our returns for these in another post. There is a distinctive ratio difference between them.