Rental Property
Investment - Finding The Properties
by: Steve Gillman
Rental property investment starts with finding the best deals. To do
this, you can increase your odds by finding more deals. Who's more likely
to get a cheap apartment building, an investor that looks through the MLS
listings and calls it a day, or the one that uses ten resources? Here are
those ten:
1. Look in old papers to find "For Rent" ads. Call if they are a few
weeks old. The landlord may be ready to sell, especially if he hasn't yet
rented the units out.
2. Look up old FSBO ads. Call on two-month-old "For sale By Owner" ads,
and if they haven't sold, they may be ready to deal. Owners often give up
the effort, but still would love to sell. Help them out!
3. Drive around looking for "For Sale By Owner" signs. Owners often
don't want to pay to keep the ad in the paper every week, so you won't see
all properties there.
4. Find abandoned properties. That's a pretty clear sign that the owner
doesn't want to deal with the property. He might sell cheap.
5. Talk. Let people know you are looking and sometimes the properties
will come to you. There are a lot of owners out there who want to sell,
but haven't yet listed their property.
6. Talk to bankers. You might get a foreclosed rental property cheaper
if you buy it before they list it with a real estate agent.
7. Offer someone a finder's fee. There are people that always seem to
hear about the good deals. Have such people coming to you.
8. Eviction notices. If your local papers publish eviction notices, or
if you can get the information at the courthouse, it can be useful. A
landlord who just went through the procees of evicting tenants is a likely
seller.
9. Use the internet. Go to a search engine and enter the type of real
estate you are looking for, along with the city you want to invest in. You
never know what you might find.
10. Put an ad in the paper. "Looking for rental properties to buy,"
might be sufficient to generate a few calls.
There is a lot more to learn to do it right, but finding good
properties is a good place to start for rental property investment.
About The Author
Steve Gillman has invested in real estate for years. To get a free real
estate investing course, and see a photo of a beautiful house he and his
wife bought for $17,500, visit
http://www.HousesUnderFiftyThousand.com.
|
Afrikaans 
Albanian 
Amharic 
Arabic 
Armenian 
Azerbaijani 
Basque 
Belarusian 
Bengali 
Bosnian 
Bulgarian 
Catalan 
Cebuano 
Chichewa 
Chinese (Simplified) 
Chinese (Traditional) 
Corsican 
Croatian 
Czech 
Danish 
Dutch 
English 
Esperanto 
Estonian 
Filipino 
Finnish 
French 
Frisian 
Galician 
Georgian 
German 
Greek 
Gujarati 
Haitian Creole 
Hausa 
Hawaiian 
Hebrew 
Hindi 
Hmong 
Hungarian 
Icelandic 
Igbo 
Indonesian 
Irish 
Italian 
Japanese 
Javanese 
Kannada 
Kazakh 
Khmer 
Korean 
Kurdish (Kurmanji) 
Kyrgyz 
Lao 
Latin 
Latvian 
Lithuanian 
Luxembourgish 
Macedonian 
Malagasy 
Malay 
Malayalam 
Maltese 
Maori 
Marathi 
Mongolian 
Myanmar (Burmese) 
Nepali 
Norwegian 
Pashto 
Persian 
Polish 
Portuguese 
Punjabi 
Romanian 
Russian 
Samoan 
Scottish Gaelic 
Serbian 
Sesotho 
Shona 
Sindhi 
Sinhala 
Slovak 
Slovenian 
Somali 
Spanish 
Sundanese 
Swahili 
Swedish 
Tajik 
Tamil 
Telugu 
Thai 
Turkish 
Ukrainian 
Urdu 
Uzbek 
Vietnamese 
Welsh 
Xhosa 
Yiddish 
Yoruba 
Zulu
