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Updated about 9 years ago on . Most recent reply

User Stats

40
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KJ D'Costa
  • Investor
  • Atlanta, GA
18
Votes |
40
Posts

Rehabbers in San Antonio, how do you find your deals?

KJ D'Costa
  • Investor
  • Atlanta, GA
Posted

Hi all,

I've been struggling to find wholesalers who aren't with the large wholesale firms for buy and flip deals. I've been to a few of the local REI meetings but have come up short. I'm now researching methods to uncover my own deals (direct marketing etc.), but I'm curious to know what methods have been most effective for experienced rehabbers in the area.

So do you:

Use wholesalers?

Find you own deals (DM, title company contacts, probate, drive for dollars)?

Or some other method?

Thanks!

Most Popular Reply

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2,853
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2,492
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,492
Votes |
2,853
Posts
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

This is exactly the problem. It takes a quite a bit of time and/or money to get the good deals. Also a bunch of networking.  If you are buying from wholesalers, you are losing some money, but do not have to put out as much effort. 

Real estate meetups and investor groups

handing out lots of business cards/telling people what you do

helping others brings karma in your direction

stopping at a rehab in progress and asking questions

driving for $$

vacant houses

direct marketing

facebook pages

website

It is doing some or all of the above that will get you 2 or 3 or maybe even 10 deals a month, depending how hard you do them. 

This is NOT something that people can just decide to do and make 30k or 50k a year right off the bat. Lots of hard work and dedication is needed.

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