Buying Rental Homes In A Sellers Market- Houston to Galveston

[Chris Nowlin]

I have been closely watching houses as they pop up and sell within days. It's easy to tell which houses will move quickly, but are they good deals? I was hoping to get a discussion going on strategies that people have used for determining what is a good deal to jump on when the market is hot.

Is it better to buy a house that has been sitting for a while?

Pay more for move-in ready?

Please advise!

[Account Closed]

@Chris Nowlin

What are you doing to search for deals now? If you are searching for MLS deals, you may want to find some wholesalers and get on their buyer's list.

My theory is it pays to have some wholesaling skills, whether you actually wholesale to other investors or not. Market to your own lists of motivated sellers and pick up off-market properties direct from sellers. Testing that theory now : )