Let’s be honest. The housing market has been a pain over the past few years. Sellers wouldn’t entertain any offer that wasn’t 10% over the listing price, real estate agents wouldn’t return your calls, and you may have thought that the time to buy rental properties was over. Fortunately, the tides have turned, and the seller’s market has almost overnight become a buyer’s market. Price drops are aplenty on the MLS, real estate agents want to be your best friend, and sellers desperately need to get their homes offloaded. This creates an opportunity for you to start buying deals at a discount.

Jamil Damji, America’s leading wholesaler, knows that now is the time to get properties under contract. He’s been an expert at off-market deal-finding for decades, but now, he says that on-market deals are becoming far easier to find. Combine his nationwide knowledge with David Greene’s agent expertise, and you have a masterclass on finding steals, not just deals, in today’s housing market.

David and Jamil go through eight different techniques you can use to find deals, lock them in at a low price, and grow your real estate portfolio, while everyone else is too scared to act. In times like these, when fear is at an all-time high, smart investors keep their cool, continue buying based on the numbers, and walk away far richer than the average investor. Interested in doing the same? Grab your notepad and write down these eight techniques. There’s a good chance you’ll be using them soon!

In This Episode We Cover:

How the housing market has shifted and whether or not we’ve become a buyer’s market

Off-market vs. on-market deal-finding strategies and which makes sense in 2022/2023

Using “emotional influence” to get a seller to agree to your terms as soon as possible

Building relationships with listing agents so they act as your ally in a deal

How to leverage “bad news” to turn frustration into motivation for a seller

Tell-tale signs of a motivated seller that will quickly get a deal done

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

BiggerPockets Podcast 677

BiggerPockets Podcast 667

These 20 Housing Markets Are Cooling the Fastest, According to Redfin

Connect with Jamil:

Jamil's BiggerPockets Profile

Jamil's Instagram

Jamil's YouTube

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-678

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Ep 12. Interviewing my Immigrant Parents: How They Came to the US, How they Met, and Why They Left Their Countries