New Flippin’ Investor

[Cheyenne Bolin]

Hey Guys! I'm Cheyenne, my husband and I are just starting out on this real estate journey in the Detroit area and the plan is to begin with single family fix and flip (or use the BRRRR method starting with single family homes). We have financing lined up, so now my initial question is, what have you all found to be your most successful way of finding good deals? Connections, direct mail, MLS, etc.? Any other advice for a new investor is welcomed!! Thanks all!

[Michael Dumler]

@Cheyenne Bolin, as you've noted above, it's a mix of everything. Your priority should be connecting with a legit wholesaler or real estate investor-focused agent. If those vendors are resourceful and reliable, they'll bring the deals to you. You can find and connect with these individuals at local meet-ups, BiggerPockets, Facebook groups, and from other investors. However, sourcing your deals off-market should also be considered if you intend to flip full-time.
Regarding sourcing deals directly from the seller, you can explore SEO, direct mail, cold calling, and anything that gets you in front of motivated property owners. I can't speak on behalf of Detroit, but in Atlanta, the flipping business is highly competitive.
Best of luck!