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Updated over 7 years ago on . Most recent reply

User Stats

10
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0
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Matthew Smith
  • Real Estate Agent
  • Portland, OR
0
Votes |
10
Posts

Finding MLS listed Deals

Matthew Smith
  • Real Estate Agent
  • Portland, OR
Posted

Hi Guys, I have a system in place developed to find deals on the MLS using data analytics. It has a proven track record of finding 20-35% profit margins.

I am having a hard time finding cash buyers for these deals. Any advice on how I can convince my local investors here in the hot Portland, Or market that on market deals DO exist short of giving away the keys to the castle??

Most Popular Reply

User Stats

426
Posts
226
Votes
Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
226
Votes |
426
Posts
Mateusz Prawdzik
  • Developer
  • Little Ferry, NJ
Replied

@Matthew Smith It's a numbers game. As a realtor, I don't think you understand investing yourself (sorry to be blunt). The whole point is to make return, it's not about HOW MUCH you make, it's about the RETURN you make. So lets 20k on a 390k investment is ..... 5.1% which is absolute garbage. I can do a lot of other things with WAY WAY WAY WAY less money and make 3-4 times that. So this deal that you are saying, and if your other deals are the same way, I would pass on every single last one of them. 

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