Stuck in the Inner Loop

[Ellie H.]

I have a pretty clear idea of what zip codes I want to invest in ( the inner loop) and what type of properties. I have been driving the area for the past couple of weeks. I have been searching the MLS for properties but they are flying off the shelf very quickly (even ones that are way off from the 1% rule). I need to act fast or wait for a cool off?

I hear that buying off the MLS is better because you have better chances of buying right / below market price. However I don't seem to be moving beyond searching on the MLS. I know I need to build a network . I have attended a couple of events this year.

I feel like I'm stuck in a loop and I need to push things along without giving excuses.   

Do I need to be working with a realtor? wholesaler?   Networking is also not my strong suit, but I am good at analyzing information, so there is a good chance I am over analyzing things and I just need to get out there to my "uncomfortable zone". 

Thank you

[Ellie H.]

Originally posted by @Michael Belmore:

Hi Ellie, 

Congrats on joining bigger pockets and going after your first deal. 

It seems like you have a good grip on what exactly you are looking for. 

Look on the sight and find a reputable agent. They will push you to come out of the dreaded "analysis paralysis". 

If they have built up a good client base they my have some off market properties for you.

Searching on the MLS is always good but when you have someone else on your team it makes your criteria more tangible.

Good luck ! 

- Mike 

 Thanks for the feedback.