Hi all! Very new to Real Estate. But I've noticed that some addresses as well as Listing Agent information aren't accurate, in the titled resources. Is there truly a reliable source other than networking?

@Selvin Cummings If you're looking for comps Check icomps, Realquest or housecanary

@Selvin Cummings I had a feeling you were going to say your interest was wholesaling. I will tell you that FSBOs are not leads that turn into deals. A lot of newbie wholesalers who dont have the money to do their own marketing try to take a short cut and wholesale FSBOs and properties from the MLS. This is a big no no. The value that a wholesaler brings is finding off market deals that their buyer wouldnt have been able to get otherwise. Properties that are listed for sale dont fit this criteria. Heres the thing a lot of newbie wholesalers dont consider, say you put a FSBO under contract and start marketing it to your buyers list. Any real buyer is going to research the property youve sent them (if the numbers make sense, most of the time the numbers are bad and you just wont get any response at all) and then the potential buyer will see the home is listed for sale already and that all youve done is marked up the sales price. Those buyers will delete your contact info and you will get labelled as just another crappy wholesaler. Do not go this route! You need to be marketing to find your own deals. Off market properties only. If you cannot afford to do your own marketing then wholesaling is not for you. Be a bird dog instead. Find a few investors or successful wholesalers in your area and ask them how much they will pay you for bird dogging for them. Usually its around $300-$500 per property. Sometimes more if youve done more leg work. Bigger Pockets is a great place to lean and get info, but if you dont know what you are doing you should be spending time learning before you go out there and make a bunch of mistakes. Wholesaling is difficult and it requires capital. Lots of people think wholesaling is this no money no credit makes 1000s of dollars overnight type thing and its not. I hope this helps you!

@Isaac El Bird dogging is when you find leads for other investors. For example people who bird dog for me go driving for dollars in neighborhoods where I want properties and they text me photos of vacant or distressed homes and give me the address for the property. I will skiptrace and contact the owner and when I buy the house my birddog gets a check.

@Uneeq Khan You are absolutely right, that is a risk. I would suggest that if you are going to bird dog make sure its for an investor or wholesaler who is well known in your area. Someone with a good reputation and would have more to lose if you started bad mouthing them for lying and cheating. Also this benefits you because they will be more likely to be able get the deal to closing in the first place. I have a handful of bird dogs who I will pay upfront when they bring me a list of 20+ vacant properties with pictures. Its less than they wouldve made if they waited until I closed, but its money now for the work that theyve done because I appreciate their time.

@Selvin Cummings I can’t believe I’m saying this but Facebook marketplace in my area has legitimate listings. Reading further down the thread I notice you were mainly looking at the Wholesale route. Facebook listings around here (South East Texas) will have listings from some of the local Wholesalers but also real FSBO. A suggestion I would have for you being new to the REI industry besides BP would be to find a local mentor (not a paid guru.) BP should have local investor meetups listed in your area. This gives you the opportunity to talk to local investors/wholesalers and begin to build your network. Best of luck don’t get discouraged by the learning curve.

Lydia T. I've found that Zillow, Trulia and Redfin aren't really that reliable. There've been properties that show up as being posted after one day but when I inquire, the agent tells me they've sold that property 2 years ago or that it's been sold or that they aren't the owner but are listing the property for the owner. What I'm generally looking for is for a filter or some software that can produce a true list of "For Sale By Owner" leads.

For Comps, I would contact an investor-friendly agent so they can give you access to the MLS and create reports. For property information, you can find a lot on the county's website.

@Uneeq Khan If it doesnt work out you can always move to Dallas 😆

@Lydia T. I'm really looking for FSBO leads. I've come across a few agents that are willing to work with me but the buyers I present the properties to, don't want to deal with them because they then have to pay the sellers, the sellers agent and me. So I'm trying to get to the owner before they've exhausted all their options of unsuccessfully selling on their own and start seeking agent assistance.

@Selvin Cummings Usually provides you with most recent sales, and cash buyer information.

When Zillow, Redfin & Trulia fall short...where does one go? When Zillow, Redfin & Trulia fall short...where does one go?

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When Zillow, Redfin & Trulia fall short...where does one go?

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