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Updated 1 day ago on . Most recent reply

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Adrian Lammersdorf-Scioll
Property Manager
Pro Member
  • Realtor
  • Florida
61
Votes |
128
Posts

What are you doing to find deals?

Adrian Lammersdorf-Scioll
Property Manager
Pro Member
  • Realtor
  • Florida
Posted

What are some strategies you are using to find deals?  I have been investing now for about 3 years in real estate, and I'm finding it harder, and harder to find deals for my clients and myself that work.  I use some mixed strategies to go on and off market, but I'm just generally curious what others are doing and finding that works for them?

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Thomas Lynne Property Management
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31 Reviews

Most Popular Reply

User Stats

171
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112
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Jeff Roth
  • Real Estate Consultant
  • Ann Arbor, MI
112
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171
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Jeff Roth
  • Real Estate Consultant
  • Ann Arbor, MI
Replied

Hi Adrian in Florida-

I haven't seen the sun in three months here in Michigan. :) Jealous!

You have been investing for about three years but are finding it more difficult to find deals that pencil.

I understand.

Here is what I find works for sourcing deals:

1. There are markets in Michigan where deals still pencil thankfully.

2. Property managers can be great sources for deals.

3. I network with other investor friendly Realtors in the markets I work in to help source deals.

4. Foundation repair salespeople are great sources to find deals. Offer them a bird dog fee for finding the deals.

5. Other potential bird dogs are handymen, people who clean out houses, and various house related contractors.

To Your Success!

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