how to find a property
1 Reply
Sean Thompson
Investor from Acworth, Georgia
posted over 2 years ago
hello. im looking for a relatively simple way to gather, sort and filter large numbers of properties, from zillow as an example. any way i can enter a zipcode, and pull all the property data into an excel sheet or something where i can sort it , filter it down to what im looking for, and then act on it.
im wanting to start getting more into the BRRR strategy, but there are just so many properties to sort through, where do i start ? how do i filter out the noise, down to what im looking for.
thanks for the information.
William E.
Investor from Pearland, TX
replied over 2 years ago
i'd narrow it down before you start looking.
the easiest place to start is within a few miles of where you live. use your local realestate website and find a neighborhood that you think you could afford to invest in.
then search that area for ways to buy cheap and rent high.
- step 1 should get a realter and make them work for you, they can email you lists based on certain criteria
- pick a sub-division
- pick a property type (3 bed 2 bath ~1500 sq feet)
- pick a price that won't bury you (50-110K)
- new on the market properties
give that to your realter
then sort through the results they send you. do some research and make some obnoxious lowball offers on a few properties.
looking at the county appraisal and you see how long these people have owned their house,
if longer than 10 years, then offer the price they paid 10 years ago... or lower if it need rehab work.
or check out some tax sales in your area, maybe you'll get lucky - https://cobbtax.org/taxsalelist
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