This is supposed to be a good time to buy a rental property, right? People keep saying we’re in a “buyer’s market,” and that you have more negotiating power than usual. But how do you find these deals in the first place? If you’re tired of spinning your wheels, we’ve got several strategies, tips, and tricks that will help you find GREAT real estate deals faster!
Welcome to another Rookie Reply! Ashley and Tony are answering more questions from the BiggerPockets Forums, and first up, you’ll hear from a rookie investor who can’t seem to find any good off-market deals. Despite cold calling homeowners and driving for dollars, they keep coming up short. Are they missing something? Should they be looking elsewhere? We’ll point them in the right direction!
Meanwhile, another investor wants to buy a property that could give them huge appreciation, but there’s a catch—it doesn’t cash flow! Stay tuned to learn whether this kind of deal is an automatic no-go or a viable strategy. Finally, what separates “good” and “bad” deals? Is there a certain metric or benchmark all rookies should be looking for when analyzing rental properties? Stick around to find out!
Looking to invest? Need answers? Ask your question here!
In This Episode We Cover
Why many rookie investors struggle to find great real estate deals today
How to find and buy discounted rental properties in this buyer’s market
Investing for cash flow versus appreciation (and which one matters more)
Whether you should buy an investment property that has “negative” cash flow
Using real estate investment analysis to tell a “good” investment from a “bad” one
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-643
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