If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten:
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
2. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.
3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there.
4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.
5. Find old "For Rent" ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if the haven't yet rented the units out.
6. Talk to bankers. You might get a foreclosed-on investment property cheaper if you buy it before they list it with a real estate agent.
7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.
8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller.
9. Old FSBO ads. If you call on two-month-old "For sale By Owner" ads, and they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!
10. Put an ad in the paper. "Looking for investment properties to buy," might be sufficient to generate a few calls.
Steve Gillman has invested real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com
![]() |
|
![]() |
|
![]() |
|
![]() |
Negotiation is where many FSBO home sellers really have problems.... Read More
I am a total geek.A few weeks ago, late at... Read More
Are you seeking your little corner of sun drenched heaven... Read More
So, you're thinking of purchasing a rental property... Read More
There are several different types of listing contracts. Few of... Read More
Real estate investing expertise can certainly accommodate the luxury home... Read More
It's unfortunate that many real estate investors tend to look... Read More
I saw the ads in our small-town newspaper for years... Read More
Condo-hotels have evolved as a better, more reliable second home... Read More
When selling your home, you'll want to fetch the best... Read More
A Powerful Suggested Technique for YOUR Home & Property Search... Read More
Brazil Property - FortalezaThe PlaceWhat to do in a place... Read More
It is no secret that sellers want to sell high... Read More
Why without asking your boss? Two reasons, one, he or... Read More
The discount on a foreclosed property is not as great... Read More
I'm often asked about the basics of Design Psychology, which... Read More
One of the most common causes for disputes occurring after... Read More
We all have had the experience of someone important coming... Read More
In our fast paced and frantic real estate market, buying... Read More
To help you negotiate a fair sale price for a... Read More
There are many reasons why you would consider joining with... Read More
How do you decide whether to sell your home (or... Read More
Flipping through late-night infomercials recently, I saw two real estate... Read More
A new business venture to help home sellers, home staging,... Read More
Why Do Realtors Advertise Your Home in Print,on the Radio,... Read More
Not Your Typical Vacation HomeWhat could be more perfect that... Read More
Think owning land would cost a fortune? Think again! While... Read More
If you don't have the time to invest working on... Read More
You have made the decision to move to Spain and... Read More
Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced... Read More
When I first started getting active in creative real estate,... Read More
You may be of the opinion that you don't need... Read More
In a previous article we introduced you to the concept... Read More
When selling your Boston home, it's good practice to be... Read More
In days of booming real estate, you would think that... Read More
FSBO, what is it? FSBO means For Sale by Owner,... Read More
More and more individuals are realizing that real estate is... Read More
The world of real estate has pretty much stayed the... Read More
Condo hotels are one of the hottest products in today's... Read More
You've found the perfect home, closed escrow and just finished... Read More
Buying to let is considered a serious investment and should... Read More
Lots of folks think it can't be done.How in the... Read More
Howard Stern has over 20 property related files in Queens,... Read More
If you've followed any of the major survey agencies around... Read More
Discover new interior Design Psychology strategies to increase your real... Read More
Maybe you're moving to a larger home to accommodate a... Read More
Home sellers who are prepared to help buyers find financing... Read More
The value of the real estate you own, whether it... Read More
With today's planned lifestyle communities, golf and boating enthusiasts have... Read More
Thinking of trading up on an investment resort property? If... Read More
Purchasing a property, either as an investor or as a... Read More
Real estate: availability and costIn 2000, the median home value... Read More
The typical landlord starts off life as a light hearted... Read More
In the old days people generally only bought land and... Read More
If only there were a way to sell your home... Read More
We understand the being in foreclosure is a scary thing.... Read More
From the mountains to the valley, there are many types... Read More
Completely rebuilding a house is not necessary to make money... Read More
With interest rates at record lows over the past year,... Read More
What is a "distressed" property? What is "bargain" real estate?A... Read More
These are real builder questions that I got from readers... Read More
An Irish property investor in Sydney, Australia has created an... Read More
She reached the phone on its second ring. "This is... Read More
It is no secret that the current real estate market... Read More
What Real Estate Lenders Look ForLenders control many programs --... Read More
Whenever you own a piece of land, you will be... Read More
Real Estate |