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Updated over 3 years ago on . Most recent reply

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AJ Satcher
  • Investor
  • Atlanta, GA
57
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116
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What sources are investors looking at to find good deals?

AJ Satcher
  • Investor
  • Atlanta, GA
Posted

*To be even more specific, I am a beginner investor looking for a duplex in the ATL area to house hack

I am very curious about what sources investors look at to find deals that work for them? I pretty religiously check out Zillow, maybe some Redfin and even realtor.com (a few others as well). However I have this feeling that these aren't the tools that most investors use to find their deals. Now I could be wrong, and maybe investors do find these resources useful... but to me these places kinda feel like the "duh, everyone is going to check this site out" and therefore there aren't many deals. If anyone has some insight, it would be appreciated!

Most Popular Reply

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1,327
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Joshua Janus
  • Realtor
  • Cleveland, OH
1,510
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1,327
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Joshua Janus
  • Realtor
  • Cleveland, OH
Replied

I would advise finding an investor friendly realtor. You really want someone that invests in their market themselves and understands the numbers. They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more. The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route. If they just represent first time single family home buyers and aren't constantly finding off market properties and reviewing deals, you'll find a better investment through someone else.

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