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Updated over 3 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Tristan Beavers
  • Real Estate Agent
  • Jupiter, FL
5
Votes |
19
Posts

Finding Flips for My First Client!

Tristan Beavers
  • Real Estate Agent
  • Jupiter, FL
Posted

Hey guys! My name is Tristan and I'm a realtor for T3-Realty in Jupiter, FL. I am currently searching for homes to flip. My client has requested I search for homes between $300-400k in purchase price in Palm Beach, Martin, and St. Lucie county. I have been working hard to find discounted properties on the MLS that are in need of rehabbing. What metrics should I use? I've been using $/Sq.Ft. to tell whether my selected properties are over or undervalued, but I'm sure there are other great strategies out there as well. The only tools I've been using so far have been the RPR and RedFin. I am very new to the game and i'm more than open to receiving advice from anybody who's experienced in flipping, finding deals, or a real estate agent like myself!

P.S. This is my first time posting on the forums, I'm extremely excited to hear feedback.  Thanks!

Most Popular Reply

User Stats

46
Posts
34
Votes
Dave Schmidt
  • Lender
34
Votes |
46
Posts
Dave Schmidt
  • Lender
Replied

@Tristan Beavers Congrats on becoming a realtor!

Everything mentioned so far is true. It is extremely difficult to find deals on the MLS at the moment. If you want to get into the investing game you may want to start by hitting some auctions, and putting some miles on your vehicle. Connecting with other investors may help because you might hear about an off market deal that would be suitable for your client.

I would recommend starting to learn as much as you can about investing and finding off market deals, because this is something you will want to perfect if you are going to be working with more investor clients.

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