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Post by Nannette on Jan 21, 2013 16:12:20 GMT -8
Hi, I am an agent and I have a prospective client who wants to be an investor. He bought his first in 2009, and says he has cash to buy again, but wants to buy at 2009 prices. I let him know he can do that on his own, versus me scanning the MLS for a property with 2009 prices that doesn't need fixing. What do you recommend he do to find those deals? Let me know. Thanks!
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Post by Tony Alvarez on Aug 1, 2013 11:45:52 GMT -8
The quick answer would be, if you find anything with a 2009 price, don't call him...call ME! ;-)
However, and more to the point, we find low price properties every week and the real secret to success & consistently acquiring deep discounted real estate deals is a thorough, clear cut, set of steps designed to persistently generate leads of motivated sellers. This takes planning, time and patience. There are only so many places to find worthwhile leads for real estate deals. The problem is they require an unrelenting persistent level of focused action. When this level of action is applied to the MLS, private sellers of distressed properties or problematic situations, the end result over time is highly profitable. The "stop & go" method for looking for real estate deals While it may be successful, will only produce a small or limited amount of success over time.
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