All Forum Posts by: Leah Stuever

Welcome to DFW! I am a DFW real estate agent. I have my own investment (rentals) properties. Let me know if I can help in any way. 

@Keaton Sherman

Finding them on here or at networking events. 

I am an DFW real estate agent that works with investors. I would be happy to help you find properties in the area. Shoot me a private message if I can help. 

@Lydia R.

It is a little bit of a shot gun approach for flippable properties from the MLS. I will say I make a lot more offers than get accepted because of the prices being too high. So looking for properties that cannot go conventional, properties that have sat on the market for a while, making a good argument for the offer price, and looking in areas that everyone isnt looking in.

When I send my investors properties I try to include ARV comps for the area so that they can run their numbers before we even see the place. To see if it is even worth it.

But I do agree that it isnt easy to find them on the MLS but it is possible. Single family homes in the outskirts of fort worth or in Johnson County are the best places to look.

@Lydia R. I agree. You cannot use the MLS for wholesaling. Flipping sure. but not wholesaling.

Driving for dollars, craigs list, facebook marketplace. Also a real estate agent can find the distressed properties on the MLS.

You need to hook up with a good real estate agent. They can help you find properties and put in offers and get everything done. 

I work in DFW with investors if there is anything I can help you with. Great duplexes out here

You write up your offer and the seller excepts or negotiates. Once you have a signed written offer, you go to the title company to start doing the paperwork. You can also do any inspections if that was in your contract. Your bank (if you are using one) will do their under writing process once you or the title company start that process. 

You dont have to be an agent to buy a home. But it helps to have done a few deals for personal property so you at least know the process. You may want to talk to a title company before getting a signed contract so you have one that is willing and knowledgeable about working on off market deals.

You can end up with undisclosed problems either way. And you can ask the seller to fill out a disclosure form if you want. 

That is all relative. 

Personally, best option is to get a FHA loan, buy a duplex and live in one side and rent out the other. Save up, then buy the next place, move into it, rent out the other side of the duplex.

W2 Capitalist and Rich Dad Radio Show are my two favs after BP. 

Start with the BP episodes that talk about doing numbers. 

There are a lot of different ways people find their properties. You can work with an agent who can look for distressed/investor properties on the MLS. You can 'drive for dollars' meaning drive around and look for distressed properties or FSBOs. You can search social media groups and sales listings (FB, Craigs list).