"For Rent" Deal Finding

[Matt Burgess]

I am a newer investor looking to purchase properties using creative finance and I am looking for more ways to increase deal flow. 

Has anyone found deals by calling rental listings?

My thinking is that investors may be more open to having a conversation about selling on terms. 

These deals would also be "off market", so we would not have to pay any agent commissions. 

If I can structure the deal so that they get some immediate cash in their pocket, cash flow consistently, and no longer have to manage the property, that seems like it would be an appealing offer for many people. 

I'd love to hear about any experiences anyone has had or recommendations for this strategy. 

[Scott E.]

I've called on a lot of rental listings asking if they would consider selling. Sometimes you'll get the listing agent, sometimes the owner (on a FSBO), and sometimes you'll talk to a property manager.

These calls have resulted in some productive conversations and new connections, but haven't led to a deal for me (yet).