asp 10 Ways To Find Investment Properties

My Orange County New York Real Estate Homes For Sale

Orange County Search Listings Buying a Home in Orange County Selling Property in Orange County About Orange County Orange County Real Estate Services
Contact Orange County Real Estate Orange County Real Estate Home

Real Estate Articles

Orange County, NY Homes For Sale

Orange County Home

Articles Archives

1031 Real Estate Exchanges - The Good and Bad!

Real Estate Investment Groups: "Get 'er done"

How To Work With More Than One Real Estate Agent When Buying A Home

Buying and selling homes? Use the Internet.

In 2006 Projected U.S. Home Sales To Be Second Best In History, Key Industry Observers Predict; Consumer Real Estate Confidence Highest In Three Years

For Sale by Owner: how to sell your home yourself

For Sale By Owner vs. Realtor

How To Get Ahead On A Low Income

How to Avoid Appraisal Problems in the Sale of Your Home

How Much Is My Home Worth?

To Search for Real Estate in Orange County, NY
Please click Orange County Homes

10 Ways To Find Investment Properties

If you invest in real estate or hope to, you have to find properties that make sense. Everyone watches signs and newspapers, but what more can you do?

If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten:

1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their

property.

2. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there.

4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.

5. Find old "For Rent" ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if the haven't yet rented the

units out.

6. Talk to bankers. You might get a foreclosed-on investment property cheaper if you buy it before they list it with a real estate agent.

7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.

8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller.

9. Old FSBO ads. If you call on two-month-old "For sale By Owner" ads, and they haven't sold, they may be ready to deal.

Owners often give up the effort, but still would love to sell. Help them out!

10. Put an ad in the paper. "Looking for investment properties to buy," might be sufficient to generate a few calls.

ABOUT THE AUTHOR

Steve Gillman has invested in real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com