Top 3 FREE Lead Sources for 2023 | Real Estate Investor | Beginner Guide 101
youtu.be
The video explores different methods for finding distressed houses that can be bought at a discount and turned into profitable investments. The speaker suggests that the best way to find these types of properties is through local wholesalers, who spend money on marketing and do the hard work of finding and negotiating deals. They recommend finding wholesalers through local real estate investing groups, Facebook pages, or even by Googling "We Buy Houses" companies in your area. The speaker emphasizes the importance of putting offers on properties, even if they are not initially at the desired price point, and suggests that these three lead sources (wholesalers, local real estate investing groups, and We Buy Houses companies) are all that is needed to find profitable investment properties without spending any money on marketing.
The video also discusses two other sources for finding distressed properties: real estate agents and social media. Good agents find houses that need work, including distressed properties, and when they come across something like this, they will call investors they know can close quickly and easily. The speaker recommends getting to know the right agents, as they can be a valuable source of deals. Social media is another method for finding distressed properties, and the speaker suggests posting on personal Facebook pages, Buy Sell Groups, and local real estate investing Facebook groups to get in front of as many people as possible. They also mention bandit signs, which are vinyl signs that can be placed on the side of the road to advertise that you are looking for distressed properties.
Overall, the video provides useful tips and resources for finding distressed properties and turning them into profitable investments. The speaker also emphasizes the importance of being prepared when visiting distressed properties and provides additional resources for funding deals.
The video explores different methods for finding distressed houses that can be bought at a discount