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By Daniel Mc Grey on Nov 9, 2009 |Investing
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Finding investment properties at a time a lot of people arediscovering real estate investing can be a headache. The competitionamong veteran and neophyte real estate investors is heating up. And tobe able to beat competition, you must always be first when findinginvestment properties. Here are some tips that will help you searchhouses faster: Drive around the area where you want to buy properties. Many ownerscannot afford to advertise their properties. That is why they simplyput up “for sale” signs in front of the property. Despite the presenceof other forms of advertising, some people still prefer this old methodof selling houses. Apart from “for sale” signs, you should also be onthe lookout for abandoned properties. If you see one, inquire about itand chances are it is being sold at a bargain price. Let someone do the work for you. You can offer a “finder’s fee” forother people who will then scour the area for possible investmentproperties. There are people who actually scout properties for a living. Check newspaper advertisements from a few weeks ago. Call the numbersto see if the properties are still available. If they are, chances arethese properties are now cheaper since they were first put up foradvertising. You can also try calling old “for rent” ads. If thoseproperties are still vacant, the landlord might consider their sale.This is another chance to score a quality but cheap property. Advertise yourself. If you can’t find properties for sale inthe local paper then let sellers find you. Advertise your contactnumber in the classified ads. This will probably generate a few calls.The better way of advertising, however, is online. Websites that arefrequently visited by house sellers offer online advertisements. Whilesuch ads are expensive, there are websites that offer this service forfree. Among them is RehabList.com .RehabList is already considered an authority when it comes to real estateinvesting and is visited by scores of house buyers and sellerseveryday. To gain access to all free Rehab List services, including the online advertisement, all you need to do is create a log-in account .Whether a buyer or a seller, you will surely benefit from the freeservices, which also include free listings of investment properties viaemail.Finding investment properties can be hard or easy depending on what method you use. You can eitherfind properties through Rehab List or try your luck using old schoolmethods.
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