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All Forum Posts by: Malcolm Brown

Malcolm Brown has started 3 posts and replied 19 times.

Post: Off Market Search Tools

Malcolm BrownPosted
  • Posts 19
  • Votes 5
Quote from @Nadeem Alamgir:

You should connect with investor-friendly agents who have access to off-market deals, get on wholesaler lists, and network with other investors to find better deals. 


 Thank you

Post: Off Market Search Tools

Malcolm BrownPosted
  • Posts 19
  • Votes 5
Quote from @Cameron Valentine:

You can use Propstream.com, they have a good platform for finding off market deals


 Thanks!!

Post: Off Market Search Tools

Malcolm BrownPosted
  • Posts 19
  • Votes 5

Hi Guys
Trying to get off the ground, or take the first. 

In the process of being assessed for a HELOC. While that is in progress, apart from using an agent for MLS Listinga what off market tactics could I explore? Where should I search?

Thanks for your insight.

Quote from @Jaycee Greene:

Some areas don't fall under my criteria - Yonkers, Mount Vernon, and areas of Bronx to name a few.

Quote from @Jaycee Greene:
Quote from @Malcolm Brown:

@Jaycee Greene That's one of the towns that does not fit into my criteria.

Thanks


Right county, wrong town?


 That is correct.  Mount Vernon and the Bronx also fall into that category. 

Quote from @Lillian Pintaro:

Hi! Welcome. Are you looking to invest in state or out of state?

 
In state. In my county to start.

@Jaycee Greene That's one of the towns that does not fit into my criteria.

Thanks

Post: Knowing a deal...how to assess

Malcolm BrownPosted
  • Posts 19
  • Votes 5
Quote from @Caleb Brown:

You have to run numbers and decide after that. If it's turn key and rented you would analyze current rents vs expenses. If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV. It's important to know what market rents are for what you are analyzing, many properties are super under rented and you have to get them to market rates. Is your agent familiar with the investment space? They should be bale to guide you more based on what you are looking for in the area.

 Thanks @Caleb Brown.