Best RE Lists and Criteria to purchase for value add oppor.

[Traver Vliem]

I've been wanting to get in on my first deal and I feel like the MLS is really overpriced right now considering all of the economic turmoil we are in. Since I haven't done my first deal yet; I am not sure if this is the best strategy, but it's a start.

I was curious as to what lists and criteria people are using to find fixers in their area with value add opportunities. If it helps to be more specific, I am in a college town, Statesboro, Georgia. (Georgia Southern University) I would love to try to pull off a BRRRR using an off market property, any suggestions are appreciated! Thanks.

Traver Vliem

[Scott Dixon]

Hey @Traver Vliem,

I have kept things fairly simple and really only buy inherited property lists from USleadlist.  The cost per lead is much higher than if you were just pulling your own list on criteria such as out of state owners, high equity, purchase date, etc. but I feel the quality of each lead justifies the cost.  

Have you considered getting an online presence?  You might want to consider A facebook business page, google business page (google maps), and maybe a website from Carrot.  It will take you a while to get traction but if sellers are coming to you (inbound) the likelihood they are motivated is much higher compared to you blasting out postcards and yellow letters (outbound).  Both strategies have there place but having an online presence is a must and will only be more important going forward.