Updated over 6 years ago on . Most recent reply
Best ways to invest in real estate
I'm currently trying in start investing in Fredericksburg or Stafford Virginia area. The problem is I'm looking to obtain a rental property but none are passing the 1% nor the cash on cash ROI test. Most returns are 6% or less. What is the best method to real estate investing in areas where homes are expensive with little or no deals out there. Please Help!!
Most Popular Reply
If you're looking on the MLS, it's going to be really tough right now. The key is to get off-market deal flow. Get in with wholesalers, build relationships with brokers, etc. You'll probably have to do some work on any property you get off market.
You can meet wholesalers at local meetups and networking events, primarily. Many are also active online.