First time investing in a hot market! (Dallas Fort Worth)
As a beginner in a hot market such as Tarrant County and Dallas County what are people's strategies on finding deals!
I want to direct mail 5k postcards, find the return addresses, than 5k yellow letters to the same homes via listsource.com. These list include absentee owners and probates..
I literally have found yellow letters on the ground just walking in neighborhoods! It's crazy how competitive this market is!
I'm also competing against cash buyers! I have lined up a 30 year fixed mortgage so MLS and auctions are not reliable.
Any advice on how people find deals in this market will help TREMENDOUSLY!
Thank you thank you thank you!
Ideally I want to use the buy n hold strategy on a multi family home but at this point any deal that generates positive cash flow will work!