No deals on the MLS

[Devin Pickett]

Hello,

It has proven to be quite a task trying to find deals on the MLS. The good ones receive multiple offers driving the price up and are under contract in a day! I am looking for my first cosmetic flip to give me some cash to work with. My long term goal is to buy and hold. I'm currently doing my first yellow letter campaign. Hopefully this generates off market leads and cuts out a lot of the competition. I'm a little frustrated so if you have any encouragement and/or suggestion they will be greatly appreciated!

[Julie Marquez]

@Devin Pickett While the MLS isn't the only way to buy, I think there are still deals to be had. We are pending on an MLS deal right now! And this is after about 10 offers on homes that didn't pan out. I think the market cools off in the fall and winter, and there may be more deals now than in the popular summer. I've heard of people catching MLS deals over the holidays (and even superbowl sunday) when the majority of people are busy with other things. I'm still a beginner, but it was over a year of interest and intent before I even bought my first property (which I found through word of mouth in the neighborhood). Yes - try other strategies, yes - keep watching the MLS, and yes - be patient and learn as much as you can from BP. All the best!