I’ve figured out my solid few ways of finding distressed properties and the owners and getting them under contract, but without a strong and solid buyers list to market to, it’s hard to get deals done.

results really depend on the area and assets your targeting.. wholesaling works much better in areas of burnt out landlords and distressed tougher neighborhoods..Also who is going to run those leads for you.. 

I sale distressed properties to investors in Nashville and I am somewhat new to town so I want to grow my investor base.

do you purchase distressed properties and reposition through renovation and better management?

So getting 200k home for 140k is no longer the case as people are more aware.Also companies like Open Door, Knock or even Zillow now offering direct buy with no showings, hustles, etc. that just makes is too easy for anyone in distress to sell to a more reputable source then just someone who sent letter.I was just curious if you are seeing the same trend or if just something i made up in my own head :)

He buys distressed properties from auction tax liens etc and works on the properties himself.

But by buying a list of multifamily in zip codes you like or driving around and building your own list through the tax records, you can often run into a distressed owner, a retiring owner, or an heir of an owner who does not want the deal.This year we bought several houses from the heir of a landlord - a couple of duplexes and another investor here on BP bought several of the single-family homes. 

They may look to the legislature to put restrictions on these types of real estate transactions.Consumer Advisory: Long-term Home Ownership Concerns (Wholesaling/Assigning Transactions and Distressed Rescue Transactions)While these transactions serve a purpose is keeping properties moving, there is a right way and a wrong way to do it.

I love distressed properties like this because the buyer usually gets (or should get) a huge discount compared to the work needed to bring the property up into a better status.Previous leases run with the property, so if a tenant has a bona-fide lease in place, you have to honor that.

Is it possible to use the BRRRR strategy to find a distressed small multifamily property and use it for a house hack?