Jul 3 in General discussion
How to Find Real Estate Deals
In today’s tough market, my strategy is to buy properties well below market value. These deals are almost never on the MLS, real estate brokerage sites, or even Loopnet. Often, the best deals are found OFF-MARKET, and that's where I excel.
Why Focus on OFF-MARKET Deals?
No Competition: Off-market deals mean zero competition.
Higher Profit: They are often more profitable than agent-listed properties.
Save on Commissions: Buying directly from sellers means no agent commissions.
How to Find Off-Market Deals
One effective method is acquiring properties through probate sales.
For example, one property we bought was part of a portfolio from sellers who didn’t care about maintaining apartment buildings in C areas. Rents and occupancy were low. My partners and I stepped in, cleaned up, put our own management in place, renovated some units, and increased the rents.
One of my strengths is finding these off-market deals.
Not all distressed or foreclosed property owners will sell for a huge discount, but you will often get significant savings.
This is just one way to find off-market properties. While probate sales are effective, they don’t provide RECURRING deals.
Want to learn more strategies? Comment below and I''ll give you the link to a video where I talked about all the strategies I use to find deals.
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How to Find Real Estate Deals
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