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Updated about 13 years ago on . Most recent reply

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Tony Nguyen
  • Investor
  • Tampa, FL
56
Votes |
377
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Where are your deals coming from?

Tony Nguyen
  • Investor
  • Tampa, FL
Posted

Hey guys,

I'm trying to expand my horizons and wanted to know where you guys are getting your deals from? Courthouse auction? Mailers? Bandit signs? Door knocking? I have a pretty strong foundation of money behind me, but can't find enough deals... Any advice would be appreciated - thanks guys!

Most Popular Reply

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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
9,155
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5,867
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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Replied

My best source remains brokers who I have an established relationship with and who have earned commissions with me previously. I am always looking to work with new intermediaries, but only about 1 in 20 are worth working with. Most will merely reforward deals from other sources hoping for a piece of the commission.

I also have successfully found deals through attorneys with clients that need to sell property. I have found it much easier to be represented by my attorney in these situations and have the property owner represented by his attorney. Just allow the attorneys to rack up some hours in lieu of a broker's commission and everyone (almost) will be satisfied.

  • Don Konipol
business profile image
Private Mortgage Financing Partners, LLC

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