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781: The Beginner’s Guide to Finding Undervalued, Off-Market Deals in ANY Market

781: The Beginner’s Guide to Finding Undervalued, Off-Market Deals in ANY Market

FromBiggerPockets Real Estate Podcast


781: The Beginner’s Guide to Finding Undervalued, Off-Market Deals in ANY Market

FromBiggerPockets Real Estate Podcast

ratings:
Length:
56 minutes
Released:
Jun 20, 2023
Format:
Podcast episode

Description

Don’t know where to find undervalued rental properties? Thankfully, we’ve got some experts who do. Finding a below-market-value property is much easier than most people think. So, why is it SO difficult for new real estate investors to find deals instead of duds? If you’re scrolling through popular real estate listing sites, hoping you’ll stumble upon the deal of a lifetime, you may be wasting your time. Today, we present four time-tested, easily-implemented ways to find undervalued, off-market real estate so you can build wealth faster.
Rob Abasolo (Robuilt) takes the helm on this episode as he welcomes Henry Washington and James Dainard from the On the Market podcast and Sam Primm, expert investor from the St. Louis area. Henry, James, and Sam have collectively bought thousands of off-market properties. Whether they’re buying them to fix and flip, hold as rentals, or wholesale to other investors, the combined knowledge between these three investors is almost incalculable. They’ve done more deals than hundreds of other investors and know what works and, more importantly, what doesn’t.
In this episode, you’ll learn EVERYTHING you need to know about finding off-market real estate deals, tactics that are best for beginners vs. experienced investors, which strategies cost the most money and which you can try for FREE, and how you can find your first off-market deal TODAY. These three investors PROVE that buying deals with huge equity upside and instant profit is NOT impossible in 2023; you just need to know where to look!
In This Episode We Cover:
The medium-term rental strategy explained and how to use it to make 400% more cash flow
Short-term rental regulations and why many hosts may need to switch to medium-term stays
Best real estate markets for medium-term rentals and signs of low vacancy
Unique amenities that will get you CONSTANT business (bikes, cars, grocery delivery, and more!)
Rental contracts and how to use hospitals, insurance companies, construction crews, and more to fill up your rental 
Whether or not allowing pets in your rental is EVER the right move to make
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
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BiggerPockets Merch
BPCON2023
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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Henry's BiggerPockets Profile
Henry's Instagram
James' BiggerPockets Profile
James' Instagram
James' Website
Hear Henry and James on the “On the Market” Podcast: Spotify, Apple Podcasts, BiggerPockets
Stop Looking for Perfect Properties, Search for These Instead
Connect with Sam:
Sam's BiggerPockets Profile
Sam's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-781
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Released:
Jun 20, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.