Nathan Gesner, Broker / Property Manager (American West Realty and Management)

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Rainmaker
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Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

In my experience working with investors the best deals are not listed - word of mouth, foreclosure auction, etc.  I have done some door knocking, calling & letter writing on unlisted properties in the past too.  -Kasey

Apr 22, 2017 07:23 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have heard of just about every agressive approach that the investment gurus have pitched but my feeling is that the harder you work to whoo them the less leverage you have.

The best investments are often those who overpriced to start with, and are now stale and desperate for a buyer.

But it is important to always be scanning the markets to see what is available, some great deals are found by being the first to notice and take action when they hit the market.

Or the first to notice an attractive attribute, like exceptional timber value, and then utilize that attribute.

Apr 22, 2017 07:10 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nathan,

We had a list of investors we worked with.  Every property we sold to them was not listed.  If it was listed it was not a good deal and did not have sufficient upside potential.  We actually knocked on doors and talked to people daily.  It is much easier in commercial real estate to do that.  If someone was willing to sell, we signed a one party exclusive or exclusive agency.  Then we made the call.  A 

Apr 22, 2017 05:54 AM
Rainmaker
6,546,154
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Trustee sales (foreclosure auctions at the courthouse steps) are a good source for investment properties in our area.

Apr 22, 2017 07:43 AM
Rainmaker
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FN LN
Toronto, ON

There are many sources to find properties.

Apr 22, 2017 06:26 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Identify properties you want, research the owners, contact them.   

(Just about anything in the MLS, or listed by Commercial Brokers, won't have a decent ROI).

Apr 22, 2017 04:33 PM
Rainmaker
3,971,760
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I have a fix and flip invenster, most people at my board brings sorry properties to be because they put them on the market they are that bad.

Apr 22, 2017 11:31 AM
Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I actively seek them with my Instant Inventory method.

Apr 22, 2017 10:51 AM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Good properties are getting harder and harder to find.  Most in the MLS turn into cattle calls and go for close to retail.  Same with foreclosures.  I blame the US government and Chinese funded companies like Blackstone that bought up everything in sight, regardless of price, to turn into rental backed securities.  When you get a couple billion from uncle sam, you don't need to have a margin.  When you have several hundred homes getting high rents and 100% profit, you don't care about purchase price.

Apr 22, 2017 10:06 AM
Rainer
117,085
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

The courthouse steps foreclosure auctions are one avenue if you are willing to buy sight unseen, all cash.  The deals are harder to get now that there arnet as many a 7 years ago, but they are still there.  You just have to be willing to take the risk of what you find in there... like the prior owner who wont leave or let you in, damage, etc. 

I am constatnly getting mailing for my out of state rental properties of buyers who will buy with no closing costs, agents, etc. so im sure those work too.

Apr 22, 2017 09:51 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I would actively be seeking opportunities. 

Apr 22, 2017 09:44 AM
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

IMO Depends on the investor, level of experience and market focus - I work with quite a few investors and each have different ways of scouting and looking for properties - often turning to me for the sale/closing

Apr 22, 2017 08:43 AM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

If it hits MLS it is too late, the best deals are the ones i seek out

Apr 22, 2017 08:19 AM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I get calls almost everyday. Cash ready up to 4M with a revoling account....

Some say pocket listing only. The eMail type wants 75% on a dollar after rehab and closing cost.  One told me he makes offers on 100s properties a month and is authroized to do so.  They get the source from hard money which means zero down pratically.  When cornered he says the llc made him to low ball and he gets $12 an hour + bonus if he gets one accepted.

Apr 22, 2017 08:00 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Sphere of influence and networking! Direct email is ineffective for established investor owners.

Apr 22, 2017 06:40 AM
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Direct mail and sphere of influence

Apr 22, 2017 06:10 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Many of the investors I know pay agents well $$$ to bring them deals

Apr 22, 2017 06:00 AM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I am not an investor. I sell to investors and we use mls as our primary tool.

Apr 22, 2017 05:57 AM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I seel those off the MLS with builders and I build my own investment homes in Oklahoma

Apr 22, 2017 02:48 PM
Rainmaker
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Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Work with local agents who know market

Apr 22, 2017 11:44 AM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I keep an eye open and an ear to the ground. MLS also has good deals so it takes some of all of it.

Apr 22, 2017 11:20 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

when I was searching for investment properties, I did direct mail marketing and direct sales.... 

Apr 22, 2017 07:53 AM
Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Nathan - Good deals are difficult to find. You can't wait until a listing hits the MLS, gotta either direct mail or door knock to find people interested in selling.

Apr 25, 2017 11:41 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Some of our investors are going to the courthouse in hopes of purchasing through those sales.

Apr 25, 2017 06:37 AM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

We make the phone ring.  Give people a reason to call us about selling their house.  And we send out 10,000 mailers a week.

Apr 23, 2017 07:48 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Real investors will have Realtors they work with and keep their eyes and ears open.  Wannabe investors always look at Craigslist and Zillow.

Apr 23, 2017 05:59 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

This is a tough one, since we are far removed from a Buyers' Market.

Apr 23, 2017 05:30 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

I've seen some letters from some proclaiming to be investors who turn out to be nothing more than charlatans attempting a new way to get in the door to list the property...

Apr 23, 2017 04:31 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nathan Gesner some of them are part of MLS and some, fixer upper while driving around.

Apr 22, 2017 10:36 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

My investor clients lean on me to find then properties

Apr 22, 2017 08:35 PM
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I keep my ears to the ground and search for aging MLS listings - they're the ones that are often ready to bargain with investors!

Apr 22, 2017 08:27 PM