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Updated about 1 year ago on . Most recent reply

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84
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Ryan Daulton
  • New to Real Estate
  • Princeton, TX
26
Votes |
84
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Off-market multifamily properties

Ryan Daulton
  • New to Real Estate
  • Princeton, TX
Posted

What are some good tools for locating off-market duplexes?  I'm mostly looking for pre-foreclosures, absentee owners, or high equity.

Most Popular Reply

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158
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75
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Diego A.
  • Real Estate Agent
  • Flower Mound, TX
75
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158
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Diego A.
  • Real Estate Agent
  • Flower Mound, TX
Replied

You have to use the same strategies that wholesalers do. Go to court houses, door knocking, etc.

I have many wholesalers that are sending me deals but the Xplex are very limited due to the fact that there aren't many. Fort Worth is a good market but most of the Xplex are new. Old ones can be found in Arlington area.

We are in the process to buy one and I found it in MLS with a good cap rate, so if you work with a realtor specialized in investments you might be able to get a good deal without going off market.

Why are you looking for off market deals?

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