7 Surefire Ways To Find Real Estate Deals | Pound Ridge Real Estate



To be a successful real estate investor you have to keep your business growing.
That means finding real estate to invest in and not just any real estate will do.We investors have to find real estate deals! We have to find properties where the numbers make sense, properties which will provide a decent return for our investment.

Finding these deals however is not always easy. In fact, sometimes you really have to search for them. But that is just the way this business is. If this business was easy and deals were a dime a dozen, then everyone would be investing in real estate.

What I am saying is that finding deals takes work and effort.It takes work and effort each and every day. As an investor, you need to be tuned into and looking at many various sources to find potential deals. Just one will never be enough! Here are some thoughts on where you might want to focus part of your daily efforts to find deals:

1. The Realtor’s Multiple Listing System (MLS)

This is the database that nearly every Realtor plugs their listings into.There is simply no alternative. I have found many a good deal on the MLS simply by looking at the listings day after day. Depending on how hot your market is, you may have to look several times a day. Looking here every day will also allow you to become very familiar with your market. Be warned though, everyone else is searching here too so competition can be fierce.

2. Craigslist

This is a website that has grown in importance over the last few years.Many a desperate seller will list their property here rather than with a Realtor on the MLS. Again, lots of eyes looking here as well. Be ready to jump if something interests you.
Related: 5 Simple Strategies For Real Estate Acquisition Domination! (You are Going to LOVE #5!)

3. Foreclosures

I look at these listings every day. Most of the time, foreclosures are taken back by the big players like Freddie and Fannie. I can watch those go through the process and make contacts with the local realtors that will list them later on



read more....




http://www.biggerpockets.com/renewsblog/2014/05/19/real-estate-investing-everyday-thing/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+RealEstateNewsForReal+%28Real+Estate+News+For+Real+%7C+A+BiggerPockets+Blog%29

Comments

Popular posts from this blog

Four Regional Banks Discuss Settlement Over Foreclosures | Waccabuc Real Estate

Top 20 real estate websites in June | Mount Kisco Real Estate