How do you find your deals?

Question

I am curious to see how people find their investment properties. Do you get a good agent and work with him? Search craigslist, or drive by. How do you find a house worth checking out. Newbie here as you can see. Thank you

Towanda Young · Answer

I would like to do foreclosures in my area how do I start

Michael Westberry · Answer

I do not use the mls and instead market for distressed sellers

Stephen Schaefer · Answer

We search sites like Zillow, trulia, etc. Anything with mls. Then we look up the parcel in our counties public records and find prices, layouts, owners, etc. Occasionally..... we FB the owner. (such a dark and dirty tool). If everything pans out online, we do a drive by. Well, we park, and if it looks empty, we snoop. You can tell an awful lot by doing a walk around. If it checks out, we go from there.

We know our market, and whats happening locally. That's the key to the deal.

Elizabeth Colegrove · Answer

I have bought all my deals off the mls! I have an agent and we predominantly do short sales :)

Mike H. · Answer

As vince vaughn said in Wedding Crashers, "People helping people".

Its a beautiful thing. :-)

Maciej Michalak · Answer

Awesome i will send you a pm

Michael Barbari · Answer

@Maciej Michalak  I would be glad to assist you. I live in Oak Brook not too far from you and I work at the Coldwell Banker out of Hinsdale.

Maciej Michalak · Answer

any recommendations on how to find a good agent. Or what qualities to look for.

Jerry Padilla · Answer

I use a good buyers agent. I then have them set me up with specific search criteria; Price, location; etc. I then do my own research on the listings that they send me and set up a viewing asap. In the Rochester area, a good buy will sell within a day or two if it is within a decent location. It takes a lot of searching as many houses are overpriced for the work that they need in Rochester to make a reasonable profit. All the houses I have purchased have been off the MLS.