Buying in Competitive Markets

[Satyam Mistry]

Hello, curious to know what strategies buy and hold investors are using in a hot market and through what sources. I am currently in the Omaha market. Not doing any paid marketing at time being, but spending more time networking. 

1. What kind of properties are you buying?

2. In your market are you seeing more opportunities with single family or multi family properties? If the numbers on multi family are not what you are looking for do you still look at single family opportunities?

3. How are you finding these properties? MLS, off market, short sales, foreclosures, auctions?

4. What terms have you been financing at and what cash on cash % return do you look for on 20 year or 30 year terms?