Updated over 4 years ago on . Most recent reply
Findings undervalued deals in South Florida
What is the best way to find undervalued homes in South Florida? I have a real estate agent but it seems like they just send every home in my budget without really narrowing out turnkey properties that are missing that rehab element really needed to make substantial equity on a deal. I have been contacting wholesalers too get on their lists but its taking a long time to reach them, get on the list, and now wait to get the inventory list whenever they send it out. Is there another more active way I can go about finding these diamonds in the rough we always hear about?
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Hi @Benjamin Krasne!
I have not done it myself, but many people have had success "driving for dollars." They drive around in areas they are looking to invest, look for distressed, possibly vacant properties, look up the owner and see if they are interested in selling.
Best Wishes!