Finding deals for buy-fix-sell

[Nir Har-Zion]

Hi all

I want to learn more strategies for finding off-market/undervalue prop

and looking as well to increase my network on it at Akron, OH

anyone?

Thanks!

[Miller McSwain]

Hi Nir. Welcome to the BP Forums. I'm glad you made your first post!

If you are interested in wholesaling, you will definitely need to become an expert in finding off-market deals. Here are some methods you should try out in order of money required.

1. Driving for dollars (free!):
One of the easiest and cheapest way to find off-market deals is by driving around your local market and taking note of properties that look distressed (boarded windows, old cars, uncut grass, etc.) Once you have a list of these properties, you can contact the owner by mail, phone, or door knocking.

2. Ask an agent (free!):
You can ask your real estate agent for expired listings that were on the MLS. It is possible that some of the expired listings did not sell because there was an issue with the property. If you can find a solution for the seller, you can probably find some good wholesale deals.

3. Direct list campaigns (cost depends on size of campaign):
Lastly, you can purchase data on property owners in your area from places like www.listsource.com . People often purchase data like equity lists, probate lists, tax delinquent lists, etc. You can then market to these individuals by mail, phone, SMS, etc in hopes that they are motivated enough to sell at a discount.

There are tons of strategies, but these can get you started!