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Updated about 6 years ago on . Most recent reply

I am the newest of newbies
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
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.