How To Acquire Properties That Cash Flow That Don't Require Renovation or Contractors

Question

First, understand that the US Government says there are 16,000,000 vacant properties across the USA.

There are websites that provide the addresses and contact information for those properties. This information is not new and has been a favorite source of properties for investors for over 40 years, probably longer, but that predates my knowledge.

The secret is in the sauce of how to approach, negotiate and secure these properties.

That's what we do and you can too.

Don't delay, how many of those 16,000,000 properties will be around tomorrow?

Almost all.

The only rush is if you want your piece of the pie. If your mentor doesn't know how to access these and secure them, get a coach that knows his business.

This is the simple part of real estate investing.

Ashish Acharya · Answer

John, there’s definitely opportunity in off-market properties, but I think the real skill is figuring out why a property is vacant and whether there’s actually an investment opportunity behind it.

A vacant property isn’t automatically a good deal. You still have to understand the owner’s situation, title, liens, condition, taxes, neighborhood demand, realistic rehab costs, and what the property could actually be worth or rent for. The negotiation piece is important too. If you can solve a real problem for the owner while still getting the numbers to work as an investor, that’s where off-market sourcing can become powerful.

And I’d still underwrite an off-market property just as carefully as an MLS deal. Sometimes the lack of competition creates an opportunity; other times there’s a reason the property hasn’t moved.Feel free to DM me, I’d be happy to share a few real-estate tax and deal-analysis resources that may be useful as you evaluate opportunities.

Davon Murphy · Answer

I agree with both the post and the comment. I think if more people get into real estate and just try to get one of these properties, it would help the situation I think. At the same time, I read somewhere that the US needs to build 350,000 properties a year. That's every year and additional 350,000. The incoming years are going to be very interesting since there is only so much land. I have ideas that will be well suited for future investments. Just wanted to provide some additional comments to this post. It was insightful and I even learned something.

John Leland · Answer

Thanks for your comments. What we teach is how to locate these opportunities and how to make sure they are profitable. Personally, I would like to see every individual that wants to succeed, do so. When people join us for learning these techniques, it's individualized training to address individuals.

John Leland · Answer

Thanks for chiming in.

Those are things we teach our investors along with strategies, ways to find these little puppies, alternatives when it isn't quite right for what you are looking and a variety of high end investing techniques.

There is a protocol for buying successfully off market and we have things outlined in a list and in our training, with sources and a spreadsheet to help sort these things out.

We give the spreadsheet away for free to any interested party.

How To Acquire Properties That Cash Flow That Don't Require Renovation or Contractors

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