Property Acquisition Strategies and Real Estate Resources

Exploring methods such as driving for dollars and probate properties, as well as a tool like Deal Machine for property information, with a mention of BiggerPockets Agent Finder for assisting investors in connecting with suitable real estate agents.

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How do you find investment properties nobody else is looking for—the ones with cash flow potential, equity upside, and wealth-building qualities all the other investors overlook? Simple: buy what nobody else wants. For Lisa Field Moore, that’s old homes. Most rookie investors walk into an old house, notice the foundation problems, warped floors, and outdated electricals, and quickly see themselves out. But Lisa sees money to be made—and you should too.

In this episode, Lisa shares how she’s built a sizable real estate portfolio by buying old, overlooked, and outdated homes, all in the past four years! But these are treacherous waters, and getting a major rehab item wrong could cost you a deal. To help, Lisa breaks down what isn’t (and definitely is) a red flag when looking at old homes, how she lost serious money making one easy mistake, and how to avoid doing a bad deal ever again. Plus, she shares her tips for rock-solid tenant retention that’ll keep your rental properties filled for years (or even decades!).

Want to know how to find these older homes with wealth-building potential? Stick around because DealMachine gives us a bonus segment on the five ways to find a motivated seller in ANY market!

In This Episode We Cover:

Why you cannot overlook rehabbing older homes and outdated properties

The two things that tell Lisa an older home ISN’T worth investing in

Why termites, foundation problems, and outdated electrical systems aren’t as bad as you think

The huge mistake Lisa made that ruined a $100K+ rehab project and how to avoid the same fate

Tenant retention 101 and best ways to ensure your vacancy rate is low and your cash flow is high

DealMachine’s five ways to find motivated sellers in any market

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel