Is DFW Hot or What?!?!

[Hayden Lyon]

Hey fellow BPers! I know the market is hot in a lot of places, especially here in Texas, but DANG it’s tough to find a good deal here in Fort Worth. I don’t say this to complain cause I’ve had a great 2020, but I’ve realized I need to start putting more thought into how I find my deals.

With that, what's everyone doing to find the best deals in hot markets like this?

Looking forward to connecting with anyone and everyone!

[Alex Grosvenor]

@Hayden Lyon It is hard out here in DFW finding properties. It all just depends on what you're looking for. Crazy thing is now at the end of the year I'm finding more flips than anything else and at the beginning I was finding more rentals. VAs are a huge help if you're on a budget. They do a lot of the work for you. If you have more money and acquisitions person would be able to free up so much of your time to go do more important things. Most of my day is taken up by looking at/for properties for myself and clients. It's not hard it's just very time consuming. If you're looking to free up the time then hire somebody else because trust me this is a very low $ per hour task. 

If you're looking for how to find the deals right now try something new. Find a different wholesaler that gives you a different look at different properties than just these big names. Maybe start targeting High DOM instead of what just comes out. A lot of people forget about the stuff that's been on the MLS for half a year. Maybe it's time to pivot a little to try and see if something new works for now. Or even works better than what was working before.

Hope this helps!