SF Value add marketing

[Ikenna Okoye]

Hi all,

I wanted to get a few suggestions if possible on value add investing. I'm looking to start marketing to out-of-state landlords, individuals involved in probate cases ect., but I realized with the BRRRR model, it might be better to go after properties in bad condition rather than doing a somewhat blanket approach. Is there a way to get lists of properties that need work, or is driving for dollars really the only way to go with this?

Ikenna

[Cody Neumann]

@Ikenna Okoye

Your best bet for finding deals that need work would be driving for dollars. It is also said that sometimes people that have owned properties for more than 10 years have deferred maintenance as well.

I would still suggest going after probate and out of state owners as they can still reap a lot of money if you are able to negotiate a good price for them.

I am just about to sell a probate I acquired and I will make about $40k just from doing very light rehab.