Inspiring stories of active agents investing in real estate and building passive income. We'll dive into how they are delivering a high level of service to clients while spotting opportunities, negotiating with homeowners, signing deals, and building additional streams of income. You'll come away from each episode with practical tips, tactics, and action steps, while being inspired to open your eyes to the potential deals are all around you!
Episodes
Thursday Mar 28, 2024
Thursday Mar 28, 2024
One of the critical components of being a successful investor is finding deals, but not all deal sources are created equal. In fact, some of the most common places to find deals, I wouldn’t recommend.
As solopreneurs, how we spend our time is directly connected to the results we get. Anytime we’re focused on the wrong lead sources, we’re not getting the most value out of our time. That doesn’t mean any one of these channels won’t get you deals, it just means they aren’t the most efficient.
What are some of the most popular deal sources, and why would I recommend you look elsewhere? Which methods lead to us burning time?
In this episode, I share where not to look when it comes to finding great investment deals.
The odds of getting a deal on the MLS are very low. You’re not just competing with other flippers and buy-and-hold people, you’re also competing with people who want to live in those properties. -Tom Cafarella
Three Things You’ll Learn In This Episode
-Cut out the competition
Why do we have to avoid deal sources where there’s always someone looking to pay a little bit more?
-The guiding principle of finding good deals
How do we avoid fishing in red water and fighting other investors when it comes to finding deals?
-Why FSBOS don’t work for investors
FSBOs by their very nature aren’t great for people looking for great deals. What makes them challenging and inefficient?
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