Purchase price: $90,000 Cash invested: $190,000 Found this gem on market and purchased with cash immediately.

The algorithm really struggles a lot in neighborhoods with a very diverse mix of home sizes and vintages.

But if you are skilled in rehab and know what you're doing, some of them might be gems in the rough.

Foreclosure lists I think can be determined at some sites like propstream (I've never used it so I could be wrong).3: networking with lawyers that do probate situation and/or divorce situations and want a quick close4: Owner occupant of a property on Hud Homestore - basically trying to help first time homebuyers buy - less competition5: tax auction and tax auction sites6: Offering on properties that have been sitting on the MLS for LONG periods of time and low balling them.7: Calling owners that have recently had their property pulled from the MLS.8: Wholesalers that are selling to you with an assignment fee.9: Low balling every property you look at on the MLS and seeing what sticks.10: FSBO with strong negotiation skills.11: MLS when you see the property really quick once it comes on MLS and put in a full price offer but it was mispriced low (I got a gem a few years ago that has probably close to doubled in values since 2020 when I bought it).12: MLS offers that you really want to ownI might be missing some others but these are the general classes of people that I have noticed. 

.- not buy in a seasonal market, or if i do, ONLY expect to generate $$ in the peak season when i run my numbers- buy something with very low overhead (not an expensive SFH)- make sure it cashflows as a LTR (have a backup plan)- do a more creative stay (glamping, redone vintage camper, etc)

Estimated Market Value: $290,000 to $330,000One of the most satisfying aspects of this investment is that the duplex is now operating at break-even, and we managed to secure it at a 10% discount below market value, showcasing the value of strong relationships and strategic decision-making in real estate investing.This deal exemplifies the importance of being adaptable to market conditions and leveraging existing networks to uncover hidden gems in the real estate landscape.

🙌While big brokers play a major role in snagging deals, there are other avenues to explore for off-market gems.

I may run as tiny house village or as airbnb similar to this one called The Camp, or the Vintages over near McMinnville OR.

I would love to talk about the primary opportunity areas in Tulum and show you some real data on appreciation, STR and LTR, in Tulum and Playa del Carmen, and the other hidden gems in the Rivera Maya that not a lot of investors know about. 

Every now and then you might get lucky and get some kind of hidden gem, but there are plenty of land mines too.