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Updated about 1 year ago on . Most recent reply
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What data do you use to find deals
Hi
So, I'm not an investor yet and still getting my fingernails wet, so bare with me and don't start roasting me, but on what data do you guys and girls rely upon to find deals? Networking is a part of it and will be working on that since I didn't grow up in the us, turns out to be a bit harder for me, but besides networking, where do you go search for deals?
Thank you all for your time and input and I would love to connect with anyone available to teach a thing or two.
Most Popular Reply
@Marco Silva data: population growth, job growth, housing supply, landlord friendly laws, purchase price, anticipated rehab cost, property tax rates, insurance cost, is insurance cost rising quickly, expected rent, rate of rent growth, can someone with the median income afford the rent, diversification of the economy, quality of local schools, crime rates, is the property next door a dump, how many other people are bidding on the property, is there a Starbucks nearby, is there a grocery store nearby, are there multiple property managers nearby in case one fails.
There's so many ways to find deals, to name a few: MLS, wholesalers, foreclosure auction, tax sale auction, doing your own marketing through a bunch of different channels like direct mail.