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Updated about 6 years ago on . Most recent reply

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Cosper Callan
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I am the newest of newbies

Cosper Callan
Posted

I'm looking to get started investing in Fort Worth, Weatherford, Mineral Wells and I'm wondering what a good deal looks like. it seems that almost everything i see or hear about is over priced and investors are buying these deals. Am I not seeing something or just not looking in the right places? Any help would be greatly appreciated. 

Most Popular Reply

Account Closed
  • New to Real Estate
  • Texas
24
Votes |
56
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Account Closed
  • New to Real Estate
  • Texas
Replied

Cosper,

I'm out here in the same area as you. I'm looking primarily in the Parker County area. I thought that finding deals would be easier seeing I'm outside of the Metroplex. Realistically, it's about the same as anywhere else. I have to remember, that's why it's called a market. That leads me to the conclusion that I'll find an average deal, unless I choose to be more creative or put in the work others may not be willing or capable of doing. It seems like there are a few key players with endless pockets out here, but they are only picking the low hanging fruit in my opinion.
 
I drove past a 12 hour old MLS listing the other morning. I kid you not, there were about 5 vehicles there obviously waiting to view the property. What did I expect, everybody is looking on MLS. However, I would've still looked at it if I was interested and put in an offer. Here's how I see it. The only way I can ever actually purchase is if I make an offer, regardless of what discouragement I'm feeling.

Keep on going and increase your creativity. Find a unique approach that compliments your skillset and comfortability and go after it.

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