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Updated about 12 years ago on . Most recent reply
Where you find your deal
Curious.
I have had decent success on the MLS. Although not the ripper deals you often think of when talking about real estate investing, but 30-35% below market value and easy cash flows. The problem is I only find a home that meets my requirements about every 3-6 months. So its VERY slow, and the deal may easily fall through or I will be out bid (most often the case).
Being that I am a amateur, (own 3 properties) I was curious what ya'll do to find your deals, and at what speed it allows you to accumulate your portfolio.
Thanks,
Bill
Most Popular Reply

If you want more deals, you need to create multiple streams of deal flow. A few ideas;
Put out bandit signs
Mail to:
- Local Absentee owners (landlords)
- Out of state owners
- Expired Listings
Research abandoned properties
Track vacant houses
Contact For Sale By Owner properties
Inquire about For Rent properties
Things you can research at the court:
Divorce
BK discharges
Eviction filings
Probate
Contact Code Enforcement
There are lots of ways to increase deal flow. Good luck!