Vendor · San Marcos, TX · Member since 2017 · 1 post · 1 vote
I am new to the Austin area, any advice on how to find off market deals in Austin?
I am looking for single-family properties around the 200K mark no lending needed will be using cash. I have been involved with investment properties in the past but this will be my first one on my own.
Any tips and contacts would be greatly appreciated.
Hi Carter. I'd recommend attending local REIA meetings, networking with agents, driving for dollars, direct mail, combing expired listings. I'd also drill down to what your exit strategy is in terms of flip, wholesale, buy & hold as that will dictate location and marketing methods too.
@Carter Ferris, Chris gave you a solid answer so I'll break it down a little more.
Before doing anything, go hang out at your local REIA. You can meet wholesalers or other people there that can sell you deals.
If you wanna do it yourself, you can do direct mail and driving for dollars as a start. If you build up a list of at least 200 properties (absentee, probate, etc.) then feel free to message me and I'll give you more pointers or hookups if you're doing direct mail.
Good luck.
Oh and always listen to the podcasts! A wealth of information in them. Heads up, Austin is a competitive market so be wary of buying lists and mailing to them, everyone does that already.