How to Find Investment Properties in a Tight Market

Posted by Alyssa Tomashek on Sep 13, 2017 8:00:00 AM

How to Find Investment Properties

Sourcing investment properties requires a plan, not magic. Most properties acquired by investors are “on market,” meaning they’ve been listed with a real estate agent and are publicly available to anyone. Even in a tight market the multiple listing service, or MLS, is a critical resource for most professional investors. Here are some tips for landing on market (or nearly on market) deals:

  • Enlist the help of an investor friendly real estate agent
  • Tell EVERY realtor in your target market what your criteria are
  • Check expired listings

Learn More: Download our free ebook "Tips and Tricks to Finding Investment Properties in a Tight Market"

There also is a gray market for “off market” deals. Here, you might get a better deal on the property. Off market deals typically require more experience and knowledge to execute, however there's much less competition to secure these deals because of thatHere are some tips for landing off market deals:

  • Finding the property
    • Drive for dollars
    • Hire bird dogs
    • Throw bandit signs
  • Contacting the seller
    • Direct mail campaign
    • Door knock
    • Talk with neighbors
    • Befriend wholesalers

Want to know more about how to find investment properties? Check out our Investor Resources today!

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Topics: Finding Properties