What is the best way you are finding properties????

[Faith Kirk]

We have been working with a realtor to find properties and we have made a few offers that are appropriate for fix and flip. What we are finding is that even though properties need significant work, sellers still want retail pricing. We have gone to local meet up and that did not help with connections. I just sent out some post cards to some pre-foreclosures see if that works. 

I am asking for any suggestions to find a property. 

The struggle is real to find properties.

Thank you in advance

[David Ligon]

There is no one best way that works for everyone... too many variables like location, price point, geographic area, income level of sellers, etc... I look at it like this: There are 2 main types of properties, on market and off market. If I were to have to start from scratch I would start with on market deals straight from the MLS.

Here are a couple reasons why... you don't have to spend advertising dollars and spend massive amounts of time learning how to become an expert advertiser while at the same time trying to learn Real Estate...

It  allows you to focus on developing your acquisition skills, negotiating, evaluating, at scale and at little to no cost. With listed properties you have an endless amount of properties to "practice" on. Here are a couple tips that will help you get more deals...

To get deals from the MLS you have to build a pipeline by making a lot of low offers every day.

The list price is almost irrelevant, offer what makes sense for the market.

Your offers will be rejected... at first. If the first offer is accepted you've paid too much.

Follow up is the magic sauce, track each property and call periodically to "check" on your offer.

Never use a buyers agent. Go straight to the listing agent. (very important)

Good Luck