Off-market deals can be found through wholesalers, direct mail campaigns, cold calling, and networking at real estate meetups. Additionally, searching for 'sell my house fast' ads on Google can connect you with wholesalers. Using tools like PropStream and Privy to filter listings for keywords like 'TLC,' 'cash,' or 'investor' can also uncover on-market deals that are overlooked by others.
Approximately 50% of Tony J. Robinson's single-family home portfolio comes from off-market deals, sourced through wholesalers, direct mail, and relationships with agents who bring unlisted properties to him.
Key factors include landlord-friendly states, budget constraints, and local market data such as crime rates, school districts, and neighborhood trends. Tools like NeighborhoodScout and BrightInvestor can help analyze these factors. Additionally, having boots-on-the-ground connections or personal ties to a market can provide an advantage.
Investors should conduct their own deal analysis and not rely solely on wholesalers or agents. This includes verifying comps, assessing rehab costs, and ensuring the numbers align with their investment criteria. Tools like Privy and PropStream can assist in this process.
Landlords should evaluate the tenant's payment history, property care, and ability to afford rent. If the tenant has been reliable, it may be worth offering a month-to-month lease or requesting updated proof of income to ensure they can continue paying. Evicting a good tenant can lead to costly turnover and vacancy periods.
A good starting point is to compare potential returns to other investments, such as the stock market. Real estate offers additional benefits like tax advantages, appreciation, and equity, so even if cash flow is slightly lower, the overall returns may still be favorable. Consulting forums or local investors for market-specific insights can also help set realistic targets.
Investors can build relationships with wholesalers by attending real estate meetups, joining Facebook groups, and reaching out to wholesalers directly through 'sell my house fast' ads. Networking and clearly communicating their buy box criteria can help establish long-term partnerships.
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!
Looking to invest? Need answers? Ask your question here)!
In This Episode We Cover:
Creative ways to find more off-market real estate deals) in 2025
Three key factors to consider when choosing a market to invest in
Why proper deal analysis is even more crucial when buying off-market
How to determine whether you should offer tenants lease renewals
Keeping your BEST tenants and avoiding costly tenant turnover
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Tony's BiggerPokckets Profile)
Real Estate Rookie Facebook Group)
Ask Your Question for a Future Rookie Reply)
Buy the Book “Finding and Funding Great Deals”)
Find an Investor-Friendly Agent in Your Area)
5 Ways to Find Off-Market Real Estate Deals Like a Pro)
Real Estate Market Analysis for Beginners | Rookie Resources)
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-508)
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