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Updated almost 3 years ago on . Most recent reply

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27
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18
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Johnathon Sesi
  • Realtor
  • Rochester Hills, MI
18
Votes |
27
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Are you buying off of the MLS?

Johnathon Sesi
  • Realtor
  • Rochester Hills, MI
Posted

Are you finding deals on the MLS for any investment strategy (BRRR, STR, LTR, etc)? Just looking to stir up some convo.

Most Popular Reply

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,582
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

There are ALWAYS deals on the MLS, you just have to know where and how to look. Back on market properties every day on a hot sheet is a key focus so you can find all the deals that just fell out because of inspection issues (usually comes with a price reduction and an acknowledgment of what just happened because they know the new buyer will find it) or because of failed mortgage contingencies (these are the best because they are closer to closing and need to close so you can just hop into the deal that had and close quickly). It always depends on what you are looking for and how you look on the MLS and how hard your agent looks for you (no autoemails every day) if you do not have MLS access.

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