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Updated about 9 years ago on . Most recent reply
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Where to find deals
Where is the best place to find good deals on properties to purchase as an investment to rent? I keep reading that if a property is on the MLS you are not going to get a good deal. Can someone provide some insight? I am specifically looking in the West Palm Beach, Florida market.
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I am new to investing but there are a couple of things I am quickly learning.
1) It is possible to find deals on the MLS if you are specific with your search and able to act fast.
2) It is as much a relationship business as a RE business. Networking at local REIAs, establishing relationships with investor friendly agents, property managers, contractors, wholesalers, and even other investors to bring you business.
3) There is also the REOs, auctions, and courthouse steps.
4) Doing your own marketing like a wholesaler would do.
It is a lot to do but after putting in the leg work you'll get the systems in place that will then work for you.
Hope this helps,
Matt