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Updated about 9 years ago,
First Driving For Dollars / Neighborhood scoping
Spent most of my Saturday "Driving For Dollars" & scoping out neighborhoods with existing listings. I have to say it's amazing how beneficial this was. I've been getting stuck in the "analysis paralysis" stage, and it was great to get out there.
We happened to pass an open house, went in, spoke to the listing agents, told them what we were looking for and exchanged information and actually attended another open house they hosted that afternoon.
We also scoped out a listing in another area, and within 30 seconds another investor and his agent pulled up. We exchanged information and discussed our individual strategies. We spoke to neighbors, the mailman, and anyone we saw near listed properties we were scoping. My partner and I tried to put an offer on a property we saw but unfortunately it already had an accepted cash offer, with a backup cash offer.
It's amazing how just driving around can lead to so much networking.