September – Keep an eye out for opportunities
Another big part of being a Real Estate Investor, after you have kept up to date with new laws and regulations, is learning to recognise a good opportunity when it shows up and being able to take it.
Keep reading to find our best tips on how to find and seize great real estate opportunities.
Networking
A great way to find opportunities on and off the market is to network as much as you can. Attending real estate events, both online and offline, and being part of a community with other real estate investors and other people in the business will make it easier for you to get access to opportunities that you would otherwise not have heard about.
Remember that most times other investors are not your competition, but they could be a great asset that could help you grow and bloom in the industry since they could have expertise in areas where you are lacking.
See how you can become a networking pro here.
Consider attending auctions
If you know how to navigate through auctions, they can be a great way to find off the market properties at a great price!
Auctions can be tricky, but if you are willing to do your research–and try attending an auction or two to see if you are up for the challenge–they could really help you grow your investment portfolio and gain more knowledge on difficult properties.
Online and Offline Marketing
Remember one of the most powerful tools for an investor it’s their ability to work with marketing to be able to find great deals.
A widely unknown method to find motivated sellers is to search eviction records to find for owners that may be tired of their responsibilities and may be looking to find someone to take their properties off of their hands.
If you have an area you are interested in, you can also take your time to scout it out and look for telltale signs of a property selling and then use marketing tools like Bandit Signs to search for owners willing to sell.
You can read our article on marketing here.
A great opportunity could be right around the corner for you, it is just a matter of keeping your eyes wide open and learning how to spot them.
