No Such Thing As An Off-Market Deal

No Such Thing As An Off-Market Deal

Real Estate Consultant · San Francisco, CA · Member since 2023 · 109 posts · 71 votes

Unless you know the seller personally, there's no such thing as an off-market deal.

Sure, there are properties that are not listed in the MLS. But every property that gets to you via your "deal-flow" is just a placebo to make you feel some sense of exclusivity.

Any property a wholesaler sends you, has also been sent to several other individuals who have passed on it. If a good deal is simple math, why wouldn't they be able to crunch the same numbers as you?

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    3y

    Why assume that MLS, wholesalers, and knowing the seller personally are the only three ways to find property?

    I've bought several properties direct from the seller, with no intermediary, and I did not know them beforehand.

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