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 Feb 29, 2024
Thursday Feb 29, 2024
If you’re looking for investing opportunities, you’d think the MLS is the right place to find them. Hundreds of properties and motivated sellers at your fingertips, and as an agent, you have front row access.
Well, that’s not the case…
Relying on the MLS to find deals might just be the worst way to run an investing business, especially in this market. While some people can certainly find great opportunities on the retail market, those are extreme rare cases. Seasoned investors looking to build a predictable, reliable business go off-market.
Why is the MLS the last place we go looking for deals? Are there cases where MLS properties can work in our favor?
In this episode, I answer a question I get asked constantly: why we don’t buy MLS properties.
The odds of you getting a great deal on the MLS are far less than if you were to get it off-market. -Tom Cafarella
Three Things You’ll Learn In This Episode
-Two ponds, two different results
You might think the MLS and the off-market are similar. What’s the difference between the two?
-Why it’s hard to get a discount on the MLS
Properties off the MLS definitely don’t work for flips and quick turn deals, but what if you want to do a long-term buy and hold?
-The secret competitor you’re not aware of
If an MLS property needs a ton of work, does that make it a great investment deal?
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.