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Updated about 4 years ago,

User Stats

162
Posts
50
Votes
Jared Baker
  • Hartford, WI
50
Votes |
162
Posts

Looking for Next Property

Jared Baker
  • Hartford, WI
Posted

I am currently in the process of getting my 2 units in my triplex ready to rent, I want to start to look for my next property. My plan is to either flip or BRRRR 2 properties (or more) this year to help grow my cash reserves to be able to work towards the ability to purchase with cash or afford down payments on larger multifamily properties.

To look for my next property I am thinking of purchasing two lists from several counties. List 1 will be delinquent taxes and the second list would notice of defaults. I could then review the properties and send letters to the ones that fit my criteria the best. The idea of course being at least 2 people would call back and we would be able to work out a deal.

If anyone wants to share their thoughts on my plan for looking for my next property or if you have a better idea for someone that is newer to the investing that would be appreciated.