Are great real estate deals gone for good? Not so fast! High interest rates, inflated home prices, and low inventory have made things difficult for investors, but by looking beyond the multiple listing service (MLS), you could uncover off-market properties that fly under the radar. In today’s episode, we’ll show you how!
Welcome back to another Rookie Reply! If you’re struggling to make the numbers work in today’s housing market, you’re not alone! Tune in to learn how we find “rare” rental properties that are either undervalued or overlooked. Not sure where to start your investing journey? We’ll share three key factors that will help you narrow down your options and pinpoint the best real estate market for you. Stick around till the end as we discuss lease renewals, tenant turnover, and how to deal with a renter whose financial situation has changed!
Ashley:
Let’s get your questions answered. I am Ashley Kehr and I’m here with Tony j Robinson
Tony:
And welcome to the Real Estate Rooky Podcast, where every week, three times a week, we bring you the inspiration, motivation, and stories you need to hear to kickstart your investing journey. And today we are diving into the BiggerPockets forums to get your questions answered in GSI forums with the absolute best place to go as a rookie to get all of your real estate investing questions answered from experts like myself, like Ashley, and so many more from the BP community. So today we’re going to discuss first how to find off market deals. A big thing in today’s market with supply being a little bit constrained. Second, we’ll talk about what market research you should do before investing. And finally we’ll talk about the best ways to handle updating lease agreement. So with that, let’s get into the first question.
Ashley:
Okay, so today’s for question is pulled from the BiggerPockets forums. If you aren’t already sign up for a free membership to be a part of the BiggerPockets community,…