Finding my first deal

[Elon Hayon]

Hi Guys

I’m a beginner trying to get into my first deal. After a few months of searching and not finding anything solid, I spoke with a few investors to better understand their strategy.

Most of them said they make offers on nearly every property on the market. My question is: do you use an agent for every single offer, or is there a more efficient way to submit multiple offers? It feels a bit impractical to send my agent 20 offers a day.

Also, what’s your method for finding deals in the first place? I’d love to learn how others are sourcing good opportunities.

Thanks in advance!

[Melissa Justice]

@Elon Hayon,

Great questions and it’s awesome that you’re talking to experienced investors early on.

You're right: sending 20+ offers a day through an agent can definitely strain the relationship unless your agent is fully onboard and understands your volume strategy.

Here are a few ways investors handle this more efficiently:
1. Use a Realtor or Turnkey Provider Who Works with Investors
Find an investor-friendly agent or turnkey property source provider who expects volume and is set up for it. Some agents can submit “blanket offers” or work off templates that make the process faster.

2. Submit Offers Directly (When Possible)
If you're going after off-market properties or working with wholesalers, you can often submit offers directly without an agent. Same goes for listed properties if you're licensed yourself or working with a dual-agency scenario.

Finding Deals:
Wholesalers: Build relationships with local wholesalers (Facebook groups, meetups, etc.)
Direct to Seller: Cold calling, direct mail, SMS campaigns (using batchleads, REI Reply, etc.)
Investor-Friendly Turnkey Provider companies: Many companies have their own exclusive off-market inventory
Driving for Dollars: Spotting distressed or vacant properties and reaching out directly

Markets to Consider: If your current market is tight, look into Akron/Canton OH, Ocala FL, Birmingham, AL, Memphis, TN or San Antonio TX - great mix of price-to-rent ratios and investor activity.

Always happy to chat more about markets, etc!

Best of luck!