New Funding Resources 
I am a private mortgage lender and as such I’ve seen successful investors draw on different types of skills. Some are handy and can build sweat equity by doing parts of their rehab themselves. Others are negotiators and managers extraordinaire. They are the ones who squeeze every penny, negotiate for every nail and breathe down the neck of their contractors every day. Working with them is not a picnic for contractors, but those investors do make money when their softer competitors don’t. Still, regardless of their skills, all of those investors share a single strength in common: an ability to find real estate investment opportunities. Identifying properties with money-making potential and putting them under contract is at the heart of real estate investing.
Finding Real Estate Deals
Finding Real Estate Deals: Foreclosure Auctions
To be a successful investor, you have to comfortably wear different hats. You’ve got to know how to hire and manage people, and you need to know construction basics. You need to understand the local real estate market. You need to have excellent time and money management skills. Perhaps most importantly, you need to be able to find profitable real estate deals. As a private mortgage lender, we see our borrowers successfully employing many different strategies to do that. This article is Part 1 of our series on finding real deals. Before you begin, go ahead and check out the series Introduction published previously.
Finding Real Estate Deals: Introduction
Lead generation is the backbone of real estate investing and of any other business in general. In our 10+ years of doing business as a hard money lender, we’ve had an opportunity to see many investors succeed using drastically different strategies. This is why today we are introducing a new blog series on finding deals in real estate. Each article will cover one potential strategy of uncovering investment opportunities and running with them. The goal is to give you actionable ideas on how you can take those strategies and adapt them to your own style of doing business.
Secret Places to Recruit Real Estate Investment Spies
In every war in history there have been spies who provided information that allowed one side or the other to win the war. Where can you find spies who can help you win the real estate war and conquer major profits? Hard money lenders like us run across a number of great ideas on a daily basis. Here are a few of them…
Hard Money Lender’s Tips on How to Spot A Motivated Seller
Finding a motivated seller is simply a matter of knowing where to look and keeping your eyes open. As a hard money lender with over ten years in business we’ve heard all kinds of reasons why sellers need to sell their home fast. Knowing the reason why a seller wants to sell can be a powerful bargaining chip when negotiating the deal. Read on how to spot and help those sellers and make money in process.
Hard Money Lender’s Tips on Finding a Good Real Estate Investment
Finding a good real estate investment takes a lot of work and a lot of patience. When working with a hard money lender, make sure you have chosen an investment that is going to give you enough return to make it worthwhile. To find those kinds of deals, you are going to have to do your homework first. Waiting for the best deals to come to you by word of mouth or social media isn’t the way to go.
