Finding good real estate deals takes work, but it’s not nearly as bad as you might think. Let me outline a guerrilla type of strategy that will put you well on your way to finding the best deals around.
1. Find some property leads from places like loopnet.com These don’t have to be good leads or even very good properties, the important thing is to meet real estate agents who represent the type of property you wish to buy.
2. Contact the listing agent for all the details on the property that they can send you.
3. Based on the information that you were sent, write up a reasonable offer within 24 hours to purchase one of these properties and then send it to the listing agent. Don’t worry if the offer is too low or full of contingencies, the point in doing this is to show the listing agent that you are a “doer” and work fast. The agent will sooner or later have a dialogue with you about what sort of properties you wish to buy. You now have an important ally in your property search.
4. After you go through this process several times and have submitted several offers through agents you will start to develop relationships with them and if they like you they will start to bring you better and better property leads. Real estate agents don’t want to bring their best leads to a newby that they don’t know, but over time you will develop better relationships with them and will find better and better properties through the network that you build.
There are still some very good investment opportunities out there. For information on some of these investment opportunities, please visit our website at http://www.invesco.info
IVESCO/Virtual Banking Companies Unlimited, LLC is a Portfolio Selection Agent for an International Private Placement Trading Platform. For additional details on our investment opportunities, please visit our website at http://www.invesco.info and register your contact information so we may respond to you promptly.