10 Awesome Strategies For Finding Great Real Estate Investment Deals!

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  • Опубликовано: 6 июл 2024
  • f you are looking to invest in real estate - it all begins with finding a great real estate deal!
    But what's the best way to find these cheap properties? Today, Brandon Turner (Co-host of the BiggerPockets Podcast) shares his top ten strategies for finding low-priced houses for sale so you can start investing in real estate.
    Check out Brandon’s #1 bestseller, Rental Property Investing, at BiggerPockets.com/RentalPropertyRUclips

Комментарии • 181

  • @yachananyasharahla2872
    @yachananyasharahla2872 6 лет назад +258

    1. MLS
    2. Driving for Dollars
    3. Direct Marketing
    4. Wholesalers
    5. Auctions
    6. Lead Page
    7. Craigslist
    8. Newspaper
    9. Print (Billboards, Benches, Bandit Signs)
    10. Passion(telling people about your ambitions)

    • @josef6999
      @josef6999 6 лет назад

      There's also another new way. not sure if you've heard of BirdDogBot but it's basically a tool that lets you create a filter for the exact deals you want, and sends them directly into your inbox of your email . in case you're interested, here's the link to their site: bit.ly/2A2CsWC

    • @huangzeyong
      @huangzeyong 5 лет назад +3

      hehe , i do not need to listen

    • @agusk3412
      @agusk3412 4 года назад

      hey ,if anyone else wants to discover container home floor plan try Wiltapar Container Home Secrets (should be on google have a look ) ? Ive heard some incredible things about it and my buddy got excellent success with it.

    • @dorcasbill5966
      @dorcasbill5966 3 года назад

      Trading as a beginner was very difficult due to lack on trading experience, this resulted in losing my funds though I've been able to recover all that I lost, all thanks to Mr Charles_forex09 on Instagram , i never knew good trader still existed till I come in touch with him___

    • @C4carclub
      @C4carclub 2 года назад +1

      thank you

  • @TimeKnowledgePower
    @TimeKnowledgePower 5 лет назад +18

    1. MLS
    2. Driving for Dollars
    3. Direct Mail Marketing
    4. Wholesalers
    5. Auctions
    6. Lead Websites
    7. Craigslist
    8. Newspaper
    9. Print Ads
    10. Passion (friends/fam/groups/etc.)

  • @lovettrealtor
    @lovettrealtor 6 лет назад +49

    This is an awesome list of great ideas. As an "investor friendly" Realtor, I can tell you that there are regularly deals on the MLS. I see them in our area (Middle TN) all the time. Thanks for the great suggestions - keep it up!

  • @Arkata
    @Arkata 6 лет назад +1

    Dude, thank you!!
    Your videos are always full of values!!!

  • @askrhonnie6356
    @askrhonnie6356 5 лет назад +5

    Yes! After combing videos. This is what I needed. Thanks Brandon!

  • @realestatedealmaker
    @realestatedealmaker 7 лет назад +8

    Finding deals is the start to great investments. Thanks for the tips!
    If you buy seller direct, you rarely need proof of funds and sometimes you can grab seller financing.
    Jim

  • @jeneanlivesey
    @jeneanlivesey 7 лет назад +2

    You are amazing! Thanks for being such a good "explainer".

  • @charlenegarrison7140
    @charlenegarrison7140 Год назад +1

    Thanks Brandon. As always, everything was clear, direct and well said!

  • @helenkane1883
    @helenkane1883 7 лет назад +4

    Thank you, very well done, easily understood for beginning investor.

  • @lazarus0fjudea
    @lazarus0fjudea 7 лет назад +2

    Great video. Always learning with BP!

  • @morgankey2361
    @morgankey2361 7 лет назад +2

    Thanks Brandon..Awesome content!

  • @gwendolenmccloud8771
    @gwendolenmccloud8771 6 лет назад

    God bless you , Brandon!! Keep up the great work!!!!

  • @marjibchiran6861
    @marjibchiran6861 7 лет назад +3

    Very informative video. Thanks for your video.

  • @jonathansafa2882
    @jonathansafa2882 7 лет назад +5

    Thanks, Brandon. Great advice! Keep up the great work.

  • @robertbrewster6890
    @robertbrewster6890 7 лет назад +4

    Thanks Brandon!

  • @leonardduran6632
    @leonardduran6632 4 года назад +2

    I appreciate this knowledge!

  • @thewalkthrough111
    @thewalkthrough111 2 года назад +1

    Thank you so much for this ❤️💯

  • @michaelburns5114
    @michaelburns5114 3 года назад +1

    THESE VIDEO ARE GREAT !!! AND WORKING !

  • @utrocker7
    @utrocker7 7 лет назад

    Great info! Just subscribed to you channel. Looking to get into the real estate investing market very soon so these tips were awesome. Red markers work well btw 🙂

  • @bstrongnfit
    @bstrongnfit 5 лет назад +2

    Thanks - great information.

  • @groupeimmobiliergim1570
    @groupeimmobiliergim1570 7 лет назад +2

    Awesome tips! Keep them coming!

  • @genevievelaprise8399
    @genevievelaprise8399 4 года назад +1

    you are awesome dude all your videos !!!!

  • @hugodehoyos9302
    @hugodehoyos9302 4 года назад

    Thank you brandon very informational

  • @fudogwhisperer3590
    @fudogwhisperer3590 5 лет назад +3

    That's how I found my first deal, driving through neighborhoods.

  • @ipsolateral1
    @ipsolateral1 2 года назад

    Thanks!!! Great piece of information

  • @James-es4rc
    @James-es4rc 3 года назад +2

    Love biggerpockets very informational

  • @soniamedrano988
    @soniamedrano988 2 года назад +1

    This is great for investors and re agents !

  • @darrienjames30
    @darrienjames30 4 года назад

    Brandon thanks for sharing! I'm currently researching the foundations of Real Estate investing.

  • @hauwaahmadkofa2439
    @hauwaahmadkofa2439 3 года назад

    Thank you Brandon 😊i like number 10 especially.

  • @noepena8004
    @noepena8004 2 года назад

    Wow great tools for me. The is blessings shearing the info

  • @mlambert1974
    @mlambert1974 4 года назад

    You are awesome, thank you!

  • @Itsme01470
    @Itsme01470 7 лет назад +1

    I LOVE THE KNOWLEDGE BROTHER.

  • @justSTUMBLEDupon
    @justSTUMBLEDupon 6 лет назад +2

    Does anyone suggest forming a LLC or a Inc and having the homes you buy or if you are doing wholesaling can be under that banner?

  • @vzearchitect
    @vzearchitect 7 лет назад +3

    Thank you. I just figured out a deal I am looking will give me the ROI that I want

  • @MitchDurfeeOfficial
    @MitchDurfeeOfficial 4 года назад +1

    After Watching this I got to step up my game!

  • @longterminvesting9798
    @longterminvesting9798 7 лет назад +7

    I find my first deal by talking to my co-worker! It is working! Thank you

    • @biggerpockets
      @biggerpockets  7 лет назад +5

      Sometimes the most simple conversations can lead to a deal!

    • @jungheejung74
      @jungheejung74 6 лет назад

      Did u get a good deal like cheaper price or sth?

  • @realestatecashflowideas4188
    @realestatecashflowideas4188 4 года назад +2

    Nice list :) best deals are straight from owners, and next are auctions :$

  • @frp3524
    @frp3524 6 лет назад +1

    hello, Thank you from spain

  • @mohammadal-enein6931
    @mohammadal-enein6931 7 лет назад +1

    very informative n realistic

  • @diontaedaughtry974
    @diontaedaughtry974 5 лет назад

    Great ideas

  • @lupdomnitor6192
    @lupdomnitor6192 4 года назад +2

    What I don't understand is why are there Triplexes in my area (Los Angeles) for like $900k when there are three units with 2/2. 2/1. and 1/1 and rent for these will be around $2500, $2100, $1600 income of at $6200 a month not including utilities and the mortgage is like $8,000 a month. HOW DOES THAT WORK!?!?!??!

  • @MrG1881
    @MrG1881 5 лет назад

    great video...

  • @eddiejones6886
    @eddiejones6886 5 лет назад +2

    You mentioned something about real estate clubs. Dont know if there is one in my area but i would love to find one or maybe even start one we have bought our last home at a tax auction and i have never seen so much money thrown around and those are the people i want to talk too. To learn more there was only about a 30 g profit margin on the home we bought after the repairs but its something that intrigues me. A avenue that i belive you didnt mention was going to the home owner before they lose it to a tax auction and offering them a small bit of money before they lose it as long as i can make a profit and help them out before the gov takes it i would be happy i know you would have to be more diligent with leans on the home then but its something i think may help me find them for a better price any ideas on this

  • @CHRIS.VARGAS
    @CHRIS.VARGAS 4 года назад +1

    How does the cap rate factor in ?

  • @noepena8004
    @noepena8004 2 года назад

    Nice good job

  • @emmanuelgarcia571
    @emmanuelgarcia571 4 года назад

    Great video

  • @SoulBrothaMak
    @SoulBrothaMak 5 лет назад

    On number 3, how do you get a list

  • @civano21
    @civano21 7 лет назад

    I am struggling to find properties to flip. Hopefully this helps

  • @user-ey3df6fv7n
    @user-ey3df6fv7n 5 лет назад

    Great, thx

  • @couponash9486
    @couponash9486 6 лет назад

    I like it!

  • @olymipanmountians5165
    @olymipanmountians5165 5 лет назад

    Foreclosures in bigger pockets how does it work we place a bid and then?? I am confused your video says thats a good place to fund deals

  • @adamcervantes2898
    @adamcervantes2898 5 лет назад +13

    How do you find "investment friendly" agent, what websites, or companies do you recommend?

    • @shelleygreyrealtor
      @shelleygreyrealtor 4 года назад +19

      This would be a great video. What I've done in my area is look on redfin for properties that are fixer uppers and contact the listing agent and build a relationship with them because they may give you a heads up when they get more. I also look for properties that were flips and contact those listing agents too.

    • @Derbb
      @Derbb 3 года назад +2

      Lol, just take the time and get your own real estate license. It'll pay for itself infinitely if you're smart.

  • @jonnymcgrath4816
    @jonnymcgrath4816 3 года назад +1

    How do you know if a house would be good when you refinance it?

  • @puzzlecanes
    @puzzlecanes 5 лет назад +2

    Surprised that Facebook ADs isn't mentioned. You can target specific areas and\or age groups etc.

  • @Quick--
    @Quick-- 4 года назад

    Idk how to look through the "mls" i keep hearing about it and not one thing on what it actually is or what to search

  • @jchen1023
    @jchen1023 6 лет назад +2

    “work that funnel!”

  • @sulayshah8260
    @sulayshah8260 4 года назад +1

    Where do I get a list of owners that are late on their mortgage?

  • @MrBosskobe24
    @MrBosskobe24 Год назад

    Hey I plan to start investing in the next 2 years because most mortgage lenders want to see two years of W2 but I was wondering if I buy the first investment with an LLC the requirements won't be the same right? ?

  • @ibobbyshell
    @ibobbyshell 5 лет назад

    Is craigslist still a quality source? I work in digital marketing and this works here and there for our clients when we want to do some extra above and beyond work. But has anyone had experience with this going well when deal hunting in 2018-2019?

  • @piercebrooker5175
    @piercebrooker5175 4 года назад +1

    GREAT ADVICE! THANK YOU FOR SHARING WITH THE REST OF US - PIERCING INSTINCTS PROPERTY MANAGEMENT #FOLLOWUS

  • @sudakara2388
    @sudakara2388 3 года назад

    On FHA loan Is it legal to Rent part of house to a Family while living in small room in the same house ( Can the Tenant Kids allowed to go to Public School with that ) ?

  • @DpOITSolutions
    @DpOITSolutions 4 года назад

    good video

  • @Harv26s
    @Harv26s 4 года назад +1

    Is it ever good to create your own multi family home if you find a great lot low price in a great spot?

  • @russellschaeffler
    @russellschaeffler 5 лет назад +7

    Use overlay graphics for your presentation, it would add so much more to the presentation.

  • @xiuzhuwang4735
    @xiuzhuwang4735 7 лет назад +13

    Thank you for making this video:)
    From a foreign investor from China

    • @HawaiianBrian64
      @HawaiianBrian64 7 лет назад +1

      Xiuzhu Wang Can you invest in China?

    • @michaelreyes1129
      @michaelreyes1129 6 лет назад

      If you want to find the best real estate deals fast then go here now: HootReal. info

    • @chriscornerstone4728
      @chriscornerstone4728 6 лет назад +6

      +B. Vaughan
      invest in China?
      shop at Walmart

    • @romeotango8324
      @romeotango8324 5 лет назад +1

      B. Vaughan they’re trying to get their money the fuck out of dodge. Think of japan buying pebble beach and Rockefeller center in the 1980s

    • @goosecouple
      @goosecouple 5 лет назад +1

      Only the Communist party members have the big money.

  • @melaniegalloway5908
    @melaniegalloway5908 5 лет назад +2

    So how do I find the person with the cash to purchase my wholesale contract from? ex: #4

  • @oscaravila3004
    @oscaravila3004 6 лет назад +3

    What about loopnet ?

  • @kyleemaness3347
    @kyleemaness3347 4 года назад +3

    Is the MLS only accessible for realtor?

    • @zabbo1557
      @zabbo1557 4 года назад

      Kylee Maness yes but you can get access to it through a realtor or even get your license

  • @janetvasquez610
    @janetvasquez610 6 лет назад

    I need a good deal in jersey north jersey

  • @MrPeterschmit
    @MrPeterschmit 4 года назад +2

    Hey Brandon,you need a couple bucks for some new markers ? I'm sure we could all pitch in.😊

  • @sulayshah8260
    @sulayshah8260 4 года назад

    How do I get the contact of the owner?

  • @bradybayles271
    @bradybayles271 7 лет назад +108

    Lots of smart ideas but you should invest in some new markers

    • @joelscb
      @joelscb 7 лет назад +7

      Brady Bayles will markers help to find more deals? What brand should i buy? Are sharpies still ok?

    • @yonah3696
      @yonah3696 7 лет назад +1

      Brady Bayles seriously!

    • @quinnrichards5969
      @quinnrichards5969 7 лет назад

      If you want to find the best real estate deals quickly then go here: HootReal. info

    • @patrickknowling1796
      @patrickknowling1796 6 лет назад

      If you want to find the best real estate deals fast then go here now: HootReal.xyz

    • @marcg3923
      @marcg3923 6 лет назад +3

      it is not about the pen, it's the reflection of the light that makes it hard to see

  • @nickmarrone1945
    @nickmarrone1945 5 лет назад

    This guy knows his shit!

  • @irainkoolaidTTV
    @irainkoolaidTTV 6 лет назад

    good thing i can read your white board....

  • @mercedesacosta8718
    @mercedesacosta8718 2 года назад

    It's not easy for us to rent a house in Austin, Tx. 3 &2 about $1,500. When I try to reach the company there is a lot of problem or error, the system don't accept this or that. Maybe is on purpose to eliminate clients. It's a mess for me

  • @hobobbobbb
    @hobobbobbb 4 года назад +1

    Pull out your phone.......ehhh its over there.. .lmao 14:40

  • @sam56094
    @sam56094 5 лет назад +2

    It really upsets me when these investors say use the MLS for finding great deals ... this makes no Danm sense, the MLS will be listed by agents , agents are working with sellers, sellers are looking for the Highest price, and agents are looking for the HIGHEST PRICE ALSO. The only time it makes sense to look on the MLS is when it’s been on the market for more than 90 days , then you can go and negotiate, other than that guys your wasting your time ... but great content I can’t lie he gave us some great nuggets

  • @JohnHurtNoblesquire
    @JohnHurtNoblesquire 7 лет назад +7

    Next time use a new marker please.

  • @toosexy4mycat
    @toosexy4mycat 7 лет назад +155

    Brandon can I have your address? I want to send you a new sharpie!

    • @pamelaervin110
      @pamelaervin110 6 лет назад +3

      😂

    • @es-ph6pg
      @es-ph6pg 6 лет назад +1

      wow freebie

    • @independenceday3764
      @independenceday3764 5 лет назад +7

      He’s saving money on dry erase supplies. Thus, he has bigger pockets.

    • @ginor3035
      @ginor3035 4 года назад +2

      Dry erase marker

    • @MrAustinlargoose
      @MrAustinlargoose 4 года назад

      That’s funny
      To his defense, I’m not sure if you have actual production experience taking video of a dry erase board. In person his marker looks much better than this. But because of the blinding light reflection from the board it messes with the ability to balance lighting and exposure. I digress 😂

  • @drchamp1902
    @drchamp1902 5 лет назад +4

    Good deels never hit MLS, at least in my area, and im a realtor. Those are usually bought by realtors themselves, unless of course a realtor is a dummy.

  • @ek07305
    @ek07305 7 лет назад

    All great content but I keep thinking that odds are stacked against me being NYC where a 6-700k property is considered cheap. It's just insane I may go to a different city but I can't keep doing trips like that.

    • @HawaiianBrian64
      @HawaiianBrian64 7 лет назад

      e K. You may need to move.

    • @ek07305
      @ek07305 7 лет назад

      I will in the near future, but I'll invest Upstate where prices are more than reasonable. I haven't sold my car yet but, I think, I will rent a car to do trips from time to time until I am able to move north of NYC.

    • @bdbaker4493
      @bdbaker4493 7 лет назад

      e K coming from someone from upstate NY I would recommend just saving up and then moving further west to invest. The off shore markets are booming right now with cheaper prices, better weather and high immigration away from the coast, which means their markets are likely to continue rising for years to come. We're seeing the same thing over here in sacramento where San Fran bay melinneals are migrating inland in huge numbers. The other downside to upstate NY is that even though asking price is lower, the state taxes are still disproportionately large and will cut into your earnings. Your expenses for things like lawn care/weather related expenses are also going to cut into earnings as well

    • @iLLestTv
      @iLLestTv 5 лет назад

      NY is the best place to do it, you could easily slide a 10k - 20k commission fee

  • @svalentina3075
    @svalentina3075 3 года назад

    Yea but Auction.com only has cash as the acceptable payment :(

  • @ants-in-my-eyesjohnson1271
    @ants-in-my-eyesjohnson1271 5 лет назад

    tip of the D?? what???!!

  • @skiddy808
    @skiddy808 7 лет назад

    Hey I recently subscribed and made an account with the bigger pocket app but I can't access it ..

    • @Parissimply
      @Parissimply 7 лет назад +1

      scot smith did you contact the help desk?

    • @skiddy808
      @skiddy808 7 лет назад

      no i haven't , where can i find it?

  • @floydmcguirk6721
    @floydmcguirk6721 6 лет назад

    hey im looking for a mentors in the inland empire california closer to riverside county im looking for inveestor friends im pretty young i dont know much but im deidicated and determined to suceed

  • @ruwaizkabeer8381
    @ruwaizkabeer8381 5 лет назад +1

    I taught it was mark's..

  • @to174jay9
    @to174jay9 4 года назад

    Wow just getting into real estate myself and not knowing much at all, these are the exact tips that I would have guessed brought in good properties. I'm a bit disappointed

  • @bear2359
    @bear2359 4 года назад

    You need a smart board or something better then what you have. No one can see what you are writing letters are small and marker is going in and out.

  • @honeyqk
    @honeyqk 4 года назад +3

    I listened to this in my car and kept thinking rocks were hitting my windshield!

  • @abdullahal-hazzani9882
    @abdullahal-hazzani9882 7 лет назад +24

    invest in a pen brother.

  • @ericerickson6633
    @ericerickson6633 7 лет назад +2

    Get a few better markers!

    • @Parissimply
      @Parissimply 7 лет назад

      Eric Erickson all those deals!

  • @yb7260
    @yb7260 3 года назад

    I need to buy him new board markers.... 🤦🏼‍♂️

  • @lukewarmnomore7523
    @lukewarmnomore7523 6 лет назад +2

    Being that I'm OCD and ADHD I had to watch this video 3 times just because of the poor erase board marker...

  • @danstrausbaugh6430
    @danstrausbaugh6430 4 года назад

    Brandon ... you may not realize but this excellent content video was lost on your white board ... the time you ve invested in writing is wasted because it’s barely legible and you can barely see it... too small and not enough color contrast from the marker... you need to make you letters at least 2 in ... and Print so we can see ... also start with a new marker every time...

  • @marcduchamp5512
    @marcduchamp5512 5 лет назад

    I skip all fixer uppers

  • @popularvibes__
    @popularvibes__ 3 года назад

    can't continue in this video due to you pen omg that horrible sound to listen sorry

  • @michaeledwards9223
    @michaeledwards9223 5 лет назад +1

    wow please tell them the truth what a run a round
    auctions are like meat in a tank of pirañas
    whole sales have already taken all the fat out of the deal
    lol good luck everyone

    • @timriehm56
      @timriehm56 5 лет назад +1

      Your suggestions are?

    • @michaeledwards9223
      @michaeledwards9223 5 лет назад

      find the deals yourself drive around look for the properties in distress, mls, probate attorney, retirement homes, obituaries, funeral homes, never never wholesalers

    • @shelleygreyrealtor
      @shelleygreyrealtor 4 года назад +1

      @@michaeledwards9223 why, never wholesalers?

    • @timriehm56
      @timriehm56 4 года назад

      Why never NEVER wholesalers.

  • @lisazeerak79
    @lisazeerak79 3 года назад

    Buy some new markers dude

  • @AffordableREI
    @AffordableREI 7 лет назад +10

    I find it very easy to find deals, No need for lead websites, or driving for dollars. That's what you do when you've been learning from the wrong people in my opinion, its so not necessary with all of today's technology. But you do have to be smart though, and know what technology to use.

    • @TheNativeTwo
      @TheNativeTwo 7 лет назад +22

      So what method would you suggest instead?

    • @patrickknowling1796
      @patrickknowling1796 6 лет назад +2

      If you want to find the best real estate deals fast then go here now: HootReal.xyz

    • @HelloAll1990
      @HelloAll1990 6 лет назад +1

      AffordableREI zillow and metrolist are the best ways to find deals hands down.

    • @Mountainman524
      @Mountainman524 6 лет назад +15

      AffordableREI to bad you left everyone hanging and didn’t say what method u use....I guess it’s ur secret

    • @thabimuleya7452
      @thabimuleya7452 6 лет назад

      How to see the general cost of recently sold properties in an area

  • @plaindayday
    @plaindayday 5 лет назад

    Get a new marker😩