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Austin Works
  • Investor
  • West Monroe, LA
70
Votes |
196
Posts

Struggling To Find Deals - Suggestions?

Austin Works
  • Investor
  • West Monroe, LA
Posted

I have read several real estate investing books, listened to BP Podcasts, watched YouTube videos on real estate investing - but I am struggling to find deals! I've been actively searching for about a year now, and have not found a "deal" at this point. I've mailed out letters to homeowners in pre-foreclosure, bought "We Buy Houses signs, and I've even knocked on doors. What am I missing? I realize I'm not going to the Sheriff's sales, but I don't have cash to bid. I have $25,000 set aside for a down payment, but that's all. Can someone give me some insight on what you look for in a SFR? This is by far the most common in my area. Just looking for an overview of what a "deal" looks like to active investors. What's is your cash flow goal for a SFR in a middle class neighborhood? Any help is greatly appreciated!

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