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Updated almost 4 years ago,
Finding Off Market Deals
Hi everyone!!
I'm from upstate NY (Saratoga area) and not completely new to REI. I have 2 rental properties with a total of 4 units that are cashflowing nicely and I "flipped" a property. The property that I flipped was a HUD foreclosure that I completely renovated but decided to keep and live in instead of selling it. Now I'm looking for my next deal and after listening to pod casts and reading on BP it seems that the greatest deals come from off market properties.
However all the properties
that I've done have been on market deals. I set up a website through
Carrot with SEO that ranks on the 1st page of google about a year ago
but I've only received 1 lead which didn't work out. There's also at
least 2 other investors in my area using Carrot and 1 is a biggest
investor in the area. I'm wondering what you all are doing to find off
market leads and which strategies work best and are the most cost
effective...or should I continue to find on market deals??
Thanks for your time and thoughts!!
Kyle