10 Ways To Find Investment Beach Property
To get a leg up in the real estate investment world, you have to be proactive. To find bargain beach properties, you need to be actively searching for investment beach properties. Here are ten ways that will help you be a more active investor in beach properties.
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
2. Go online. Do an internet search for the type of beach property you are searching for. Just type in the name of the city, the price range, and other factors that match your criteria to see what is available in the market.
3. Ride around your target neighborhoods searching for "For Sale By Owner" signs. In a slow economy, may owners can't afford to pay for a newspaper ad every week. You'll find more beach properties this way.
4. Look for abandoned beach properties. Is the lawn high? Does the house lack much need maintenance? These are clear signs that the owner doesn't want to deal with the beach property for some reason. He may be motivated to sell.
5. Find old "For Rent" ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if the haven't yet rented the units out.
6. Call the banks. Obtain a list of pre-foreclosure and foreclosed beach properties. Visit the beach property and make an offer. If you buy before they list it with a real estate agent it saves them from paying a commission.
7. Pay a finder's fee. It never fails, there is someone in every community that just seems to know when someone is happening. Offer them a finders fee for bringing you good deals.
8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the process of evicting tenants is a likely seller.
9. Old FSBO ads. If you call on two-month-old "For sale By Owner" ads, and they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!
10. Place ads in the local newspaper that you are looking for investment beach properties. This may generate a few calls or lead to some partnership deals with other investors. - 23210
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
2. Go online. Do an internet search for the type of beach property you are searching for. Just type in the name of the city, the price range, and other factors that match your criteria to see what is available in the market.
3. Ride around your target neighborhoods searching for "For Sale By Owner" signs. In a slow economy, may owners can't afford to pay for a newspaper ad every week. You'll find more beach properties this way.
4. Look for abandoned beach properties. Is the lawn high? Does the house lack much need maintenance? These are clear signs that the owner doesn't want to deal with the beach property for some reason. He may be motivated to sell.
5. Find old "For Rent" ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if the haven't yet rented the units out.
6. Call the banks. Obtain a list of pre-foreclosure and foreclosed beach properties. Visit the beach property and make an offer. If you buy before they list it with a real estate agent it saves them from paying a commission.
7. Pay a finder's fee. It never fails, there is someone in every community that just seems to know when someone is happening. Offer them a finders fee for bringing you good deals.
8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the process of evicting tenants is a likely seller.
9. Old FSBO ads. If you call on two-month-old "For sale By Owner" ads, and they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!
10. Place ads in the local newspaper that you are looking for investment beach properties. This may generate a few calls or lead to some partnership deals with other investors. - 23210
About the Author:
Hubert Miles is the founder of Waterfront Houses USA, an online advertising service that offers Beach Property available in the US and Canada. Learn more about Beach Properties For Sale in your area.
posted by X - Men @ 1:31 AM
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