Creating A Pipeline Of Deals By Driving For Dollars (Tools)

Season #6 Episode #5

We're back, did you miss us? Well, we definitely missed you, and we're excited to be here giving you the latest on foreclosures and real estate investing!

As a new investor, your main goal should be acquiring your next (or in many cases, first) deal. But in order to acquire under-market properties, you must either know where to look for them or know how to attract sellers who'd be willing to sell you their home at a discount of the retail price. Each objective has it's own challenges, but driving for dollars is one of the most straightforward and cost-effective ways to discover new deals. All you need to do is pick a neighborhood in your city that has a lot of real estate activity, hop in your car, and drive around looking for vacant or distressed houses. There are a number of ways to tell if a home is vacant, but once you understand what to look for, you'll be able to locate vacant properties, track down the owner's contact information, reach out to them to make an offer on their property, and get that deal under contract!

Whether you're a budding wholesaler, flipper, or buy-and-hold real estate investor, make driving for dollars a part of your deal hunting and reap the benefits of having firsthand knowledge of your market!

Mentioned in today's episode:
Propstream

Here's a link to the article Donny discussed in today's episode:
Buyers, Tired Of Homes' Shortcomings, Want To Trade Up

We're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!

Sign Up For Your Free 7-Day Trial Of Propstream TODAY!

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