Posted by Jim IL on February 21, 2000 at 23:02:05:
After reding your post, one part stood out for me.
“Sooo, that’s why I’ve begun looking for properties as if I were to invest in them. Is there a way to look for the right ones?”
Many of us have been there, and done that. You are looking for properties, when what you should be looking for are “sellers”, motivated, desperate, ready to sell NOW sellers.
You can and will find them. The property is important, but secondary.
So, if you see these FSBO’s, call them, and also call the FRBO’s.
Make some flyers up, place an ad, and pass out business cards.
Evaluate the sellers first, then the homes.
You have been here lurking for a year, so you should have already read some posts and articles about this.
But, if not, goto the articles page and read the ones about finding motivated sellers.
Once you learn to do that, you will make some deals.