Tips for finding MLS Deals?

[Ruben Valladolid Jr]

Hi guys,

I'm a brand new realtor in SoCal, and looking to buy & hold, as well as do some rehab/flips in the near future; is there a way I can take advantage of my access to the MLS to find investing opportunities?

Thank you in advance! Look forward to learning from you all!

[Greg Dickerson]

Originally posted by @Ruben Valladolid Jr:

Hi guys,

I'm a brand new realtor in SoCal, and looking to buy & hold, as well as do some rehab/flips in the near future; is there a way I can take advantage of my access to the MLS to find investing opportunities?

Thank you in advance! Look forward to learning from you all!

I just answered this exact question from another investor without a real estate license.  

The best deals are going to be direct to seller so as a realtor you should definitely be marketing to them since you can either buy or list or refer the retail listings to another agent for a fee. I helped one of my coaching clients add and extra $100k in 6 months using this strategy. As for MLS properties you want to look for listings that have not sold in over 90 days or more, preferably vacant (but not absolute) and have had price reductions. Get a list of these and make offers on everyone you like where the deal works for you. You can also target expired listings as well. The key is to make offers on slow properties. The more offers you make the more likely you are to get a deal.