Finding Good Deals

[Robert Burns]

I am working with a great realtor who sends me many listings like the ones below. The action steps I take now are:

1844 Bay St, New $55,000
831 W Grant St, Photo Added $67,500
1264 Perkins Road East, Back on Market $80,000
1843 Carolina St, New $82,000
1334 S Mike Dr, Photo Added $87,900
30626 Shannon Dr, $66,000

1. Open and review the MLS Public Report
2.Go to Zillow.com and look for active and sold comps for the area.
3. Then I pick out the most appealing properties based on pricing and location and drive by to take a look.
4. On the ones that look good with the drive by, I call my realtor to get actual sold/active comps for past 6 months.
5. Then I make an offer on the best ones @ 60% of ARV minus repairs minus my assignment fee with a 2 week inspection period escape clause.
6. Advertise to my buyers.

I would appreciate any addtional action steps to improve my success rate on closing good deals.

Thanks,

Bob Burns