What to look for in off market deals

[Jason Andler]

I often hear about how great off market deals can be, but never found any until recently. The past 2 days I have come across two different off market deals. Now I have a few leads and am nervous - why are they off market? My local market has extremely low inventory and single and multi family houses are selling very quickly. I have made a few deals but everything has been listed on the MLS. What should I be looking out for with off market deals? Are there some 'red flags' that I need to pay closer attention to than a deal listed on the MLS?

Thanks in advance for the advice!