Driving For Dollars

[Nick Thomas]

I have begun trying to step into the real estate world here in North Carolina. I tried Zillow and found "deals" that turned out to be worthless and I've spent numerous hours driving about the area looking for wholesaling opportunities. I found some properties and looked on CAD, but it appears they are still lived in by the owners unless I'm doing something wrong. I'm willing to work for free just to learn the business because I think it's one that'd not only be profitable, but that I actually enjoy. Any tips on eastern NC market or driving for dollars in general? Hoping to create a network of people to learn from and work with. Thanks in advance!

[Rick H.]

Originally posted by @David Barr:

The first thing you should do is never look at Zillow again.  They are not accurate, and I'm putting that as nicely as I can.   Zillow's own CEO sold his house for 40% under it's Zestimate.  

Is your market a low inventory market? Mine is, and the problem with door knocking and finding off MLS deals is that the property owner has nowhere to go.

 I wonder if he had any Zequity