How to find a good deal / off market properties in Real Estate

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As an investor, buyer, or wholesaler, finding a good deal in Real Estate can be time consuming and nearly impossible in a seller’s market, but it’s totally doable. These are a few of the top strategies I use to find the best deals and possibly find some off-market opportunities in real estate. Add me on Snapchat/Instagram: GPStephan

First, you need to see EVERYTHING you can on the market. Everything. You won’t be able to know a good deal if you don’t already know everything else on the market and what it’s selling for. Without a solid foundation of how one home compares to another, you won’t be able to realize a home’s true value.

Next, see homes as soon as they come on the market. You should be getting notified hourly about every new home that comes up or reduces its price. If something comes up that looks interesting, go and see it immediately. If it’s a good deal, which you’ll know by seeing everything else on the market, write an offer immediately.

You should also focus on listings which have been on the market for a long time that people may have forgotten about. Sometimes these listings get overlooked, and sometimes the owner is extremely motivated to sell but won’t want to reduce their price quite yet.

Ignore how the pictures look - sometimes great listings have the worst pictures, and the worst listings have the best pictures. Instead, focus on the location, square footage, condition, and price.

When trying to find a property off market:

Don’t be afraid to go door-to-door. Unfortunately it’s time consuming and many times nothing will pan out, however if you find the one home that will sell at a reasonable price, all of your time spent will be worthwhile.

You can also send letters out to everyone in a particular area asking if they would sell. This can be expensive and time consuming depending on how many you send out, but one deal will pay for itself, plus some.

Finally, looking through past listings which never sold could be a good option. You know they thought of selling at some point, so there’s a higher likelihood they’ll still sell.

With these above options, you’ll have a great chance at finding a good deal - even in a seller’s market. I use these same strategies above and it’s worked very well, both for myself and for my clients.

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Thanks so much for watching - this one was made spur of the moment and I'm SLOWLY getting a little more comfortable at recording myself in public, so I hope you enjoy it! Since so many people have asked - I'll make a video about the benefits and how to start a Roth IRA, and also about my favorite books #knawledge

GrahamStephan
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Do you have a video on financing a buy? Like the calculations needed to know you are making a good decision on a loan to buy a house? Should you get a loan or save up to pay in cash for full? (I am talking about buying or loaning a home and making it a rental property) Thanks for always responding!

LeeManalang
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Love the old videos Graham! Truly valuable and are defiantly still relevant

nicklewis
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Your really getting me interested in Real Estate!

LeeManalang
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Great tips as always, Graham! Sometimes private deals have a lot of flexibility, and they give you a chance to get creative with the deal. Totally worth knocking door to door, or calling rental ads to see if landlords are willing to sell!

KellanJames
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All my rentals I bought off market and love it!!

Tifinee
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good video, finding off market properties is getting harder and harder these days with the market being so hot but definitely the way to go.

mikehicksRE
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Thanks for the sense of direction. Home that need remodeling sounds the best way to go!

dakotawalker
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Right after i watch one video i sit in anticipation for the next, Ive learned so much from you in the past few months! I wish i could start investing now but i suppose bills have to be paid. Gotta save all that we can for now!

psbros
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Great video. Now everyone will know how to analyze and scoop up the deals! Thank you very much.

Marketplacere
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Took a listen to one of your videos the other day and you mentioned about 401k and Roth IRA and looking into it and also just having the bigger picture in mind of life in general I understood the importance of it...Thank you, you now have gotten my attention and respect lol

otms
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I just changed the like counter from 1k to1.1k. I am very proud

jonathanzanzuri
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Graham the God comes out with a video on the perfect topics at the perfect times!!

Thirteeeen
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Here we are two and a half years later and at 1.45 million subscribers! Way to go Graham!

jalabi
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Love your channel! Great content! Very helpful! Please don't stop uploading! Where did you record this video? I mean the area that u shot the video it looks dope :D

srikanth
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Thanks man for sharing your thoughts... sounds like I'm on good track

MrIsidrogarcia
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I really like watching your channel. Thanks for sharing your wisdom. ☺

justinh
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4:30 - "Ooh, that sounds bad." Haha!

graysharborrealtor
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love your videos man. keep me motivated!!!

DSIMMS
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good work Graham. very nice and this video is better than the one in the studio. Please make some videos in this style. Thank you!

Ammar