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Updated over 9 years ago, 07/30/2015

User Stats

25
Posts
4
Votes
Jorvon Smith
  • Wholesaler
  • Long Beach, CA
4
Votes |
25
Posts

Finding Deals in LA.. MLS??

Jorvon Smith
  • Wholesaler
  • Long Beach, CA
Posted

Ok BP, seeing that the LA market or So.Cal for that matter is heavily saturated with wholesalers, bir dogs, and others. What strategies and systems are you using to find deals? I rencently turned to the MLS to search, however I can not get a REA to submit offers for me as my transactional funding, is not considered valid POF. I have active REAL buyers that will buy, and looking for various deals, REO's, Fix and flips, the problem is finding them. I have invested in software to help, with absentee owners, and other lead generating techniques, however I am finding it difficult to find anything. So again I turned to the MLS. So question:

1. Is the MLS a viable lead source? If so are there any "simultaneous close friendly" realtors out there??

2. If MLS is a solid source, then how are you all submitting offers? And closing on them??

3. If the MLS is a dead source, what do you suggest? My main strategy is wholesale.

Again, I have active REAL buyers in LA county, Orange County, and Riverside County, all legit, just need real deals to present. I know formulas and deal analysis, just need the goods 😁 

Any advice would be appreciated as I would like to close another deal before the end of summer, and 5 by the end of the year. 

Many thanks,

Jorvon

Psalms 37:23

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