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Updated over 12 years ago,
Experienced Investors- Is MLS Access A Must Have to Invest In Real Estate?
Hi Everyone,
I'm going to start a direct mail campaign to hopefully pick up some rehab/house flipping deals. My brother who is an experienced investor insists I need MLS access because its been giving him a lot of valuable information on the leads that come in. I personally cannot afford MLS access right now (Its $1000 per year.) I'm not willing to pay that unless I know I absolutely cannot be successful with out it.
For now, do you think I could get by without MLS access by just using sites like zillow for comparable sales? Once I get a couple deals, I'll be more willing to pay the $$. But until I see $$ coming in I am really nervous about dropping $1000. I'm already spending a lot on the marketing.
Experienced investors, do you use MLS? How has it helped and could you get by without it?? How did you get access to it? Any ways around these fees?
Thanks!
Lauren