We all want to know where the good deals are, and we have to be very specific when looking at a deal.
Have a goal when looking for deals
Your goal could be be a price point or an appreciation goal. Make sure that the property you are investing in matches your goals. Some things you may want to do is to pick a price point or price range, or to pick a certain equity amount for acquisition of the house. Know what your goal number is.
Pick an area
If you have a certain area you are looking to invest in, stick to it and get to know it well. Know what school districts are rated. Good and bad school districts effect the price point of houses.
Immerse yourself in the investor community in your area.
Start going to local networking events, or go to happy hours. There are a lot of investor events in the Houston area where you can talk to investor-friendly realtors. We have realtors that work for us that work for investors specifically to find deals that work for them. There are wholesalers, too! Check our our Owner Education series and join us at the next event.
There are a lot of different ways to find deals. You just have to be creative when looking at available deals know the areas that work with your goals and preferences.
If you want to talk to us here at Empire Industries, we can definitely help you out in finding some properties that match your goals. We would be very happy to sit and talk with you and introduce you to some of our realtors. If you want to see how we manage our properties, please don’t hesitate to call us today.