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Updated over 7 years ago,

User Stats

45
Posts
41
Votes
Joe Ferguson
  • Real Estate Agent
  • Saint Petersburg
41
Votes |
45
Posts

Cruising for Cash Flow

Joe Ferguson
  • Real Estate Agent
  • Saint Petersburg
Posted

Often on the weekends I find myself driving for dollars which amounts to a decent understanding of my area geographically and about 3 or 4 hours of BP podcasts (still a win). This is because I am looking for 2-4 unit properties that are severely out numbered by SFRs which are currently of no interest to me. I have gone out and not seen a single property. They tend to be in small groups of 2 or 3 which is what I see most and on occasion you stumble on those larger groups. The ones I do find usually do not look vacant or if they do are not distressed.

I am aware that the odds are against me as they simply exist in smaller quantities and are highly sought after but are there any unique strategies for tracking down those multi's when cruising for cash flow?