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While many real estate investors have found success relying on the traditional methods of finding deals- craigslist, bandit signs, REI groups, etc., to reach your full potential you should consider looking into alternative ways of generating leads. Hard money lenders, local banks, and even people you already know can be great resources to help you build your business.
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How to Find Deals As a Real Estate Investor
The Classic Way • Bandit Signs • Craigslist • Driving Around • Although these methods work, there are other ways, like networking, that can be more effective
Banks • Not Wells Fargo, City, or other major banks • Go to local banks that loan money to people in the community • Talk to the asset manager • Tell them what you do • You don’t have to borrow money from them • Approach them as if you’re doing them a favor- taking assets off their books quickly
Referrals • A great way to get leads • Tell everyone what you do • If you clearly describe what you do, you’ll find you can get leads from everyone- friends, family, neighbors, and coworkers
Mix it Up! • The most important thing is to try different things. • All the classic methods- craigslist, bandit signs, and REI groups work • Always think of different ways to drive and sell your business • Think of your business as a wheel, and your different lead sources as spokes
Passive Equity To learn more about real estate investing and private lending visit… http://passiveequity.com/