The following are some real estate tips you can use to find some good deals.

Look in publications

Look at local papers, small independent publications, websites and bulletin boards. Be the first to get the copies as they come off the press. To beat your competition, go to the facilities where the publications are printed and get your copy. Better still, market yourself and let people who are considering selling call you before they place an advert in the paper.

Watch publications for tax sales, foreclosure auctions, and VA and HUD listed investment properties. Keep in mind that auctions held in unfavorable weather where the property must be sold off are your best opportunity to limit competition and obtain property at very low prices. Since there no lower limit on what is acceptable, you could win big.

Contact attorneys and heirs, and sales in the estate or garage sale sections. A good percentage of people having garage sales intend to move soon. Inquire about their house or neighboring homes. Always keep your ear on the ground. Your chances of success increase when you are in the market continually looking for deals.

Lookout for vacant houses

Identify vacant houses that are fire damaged, abandoned or run down. Talk to those who live near these homes. They are likely to know the owner and the circumstances surrounding the home. They may be interested in it being renovated. Get in touch with out-of-state owners by letter, phone or through property records. You could also leave your card with contacts on the door.

Other Real Estate Owned (OREO)

Befriend your local lenders and ask them to call you when there is a foreclosure anticipated or in progress. If you are prequalified with lenders in advance, they might call you sooner.

Post fliers everywhere

Colleges, shopping centers, Laundromats, public bulletin boards, bowling alleys, local businesses, churches, wherever many people congregate. Give them an opportunity to inform you about a hot deal. To motivate them, you could offer to pay a commission to anyone who gives a lead to a house that you eventually buy.

Use headhunters

Don’t leave anyone out. Utilize everyone from property managers, relocation services, moving companies, to landlords, tenants, neighbors, the mailman, gardeners, the paper boy, pest control people, service technicians, acquaintances, friends, relatives and other investors.

Network widely

Go to seminars and exhibitions on real estate. Capture contacts and network with real-estate minded individuals. Once you capture their names, keep in touch constantly and network to prosperity. In addition, you could join different organization which would give you the chance to meet people and market your services.

My name is Mitch Painter. I’ve sold over 250 houses, over 150 apartment units, and I have a ton of free information on my blog at http://www.Real-Estate-Rocks.com. You can get a ton of free information there. I post 2 new blog posts every week about deals that I’m doing, negotiation tips of a sellers, how to find deals that are not on the MLS or listed with a Realtor.

KEYWORDS:

-          Real Estate Investor

-          Real Estate Investment

-          Real Estate Tips

-          Investment Property

URL: www.Real-Estate-Rocks.com

Many Americans dream of investing in real estate, the sad fact is that most of those of us who dream about it, do not have an exciting amount of disposable income in which to make these deals that will net the high profits and most consider either a mortgage (which will entail interest payments over a period of time and require that we are able to get the necessary financing—not everyone is) or finding an investor who is willing to front the money, but doesn’t want the sweat equity and leg work that may be what your strength is. Of course, you are probably sitting there thinking, yeah like they grow on trees.

The thing is you would probably be surprised at some of the unlikely places you can find someone who is willing to invest their money in a real estate deal but do not want to invest their labor or do not have a lot of time to invest. Busy professionals may want to make the investment to supplement their retirement plans or simply to diversify from the stock market, it seems that real estate has become a much more stable place to invest these days.

Have brochures, flyers, and business cards printed. Post them wherever you are allowed and hand business cards to everyone. Seriously. Offer a modest finder’s fee to those who provide solid leads. Check your paper for investors who are looking for someone like you. Chances are, if you have the need for an investor, there is an investor out there who has a need for someone like you. Try placing your own ad. In fact, branch out for placing and sorting through ads, your local market may not be as ideal as one that is half an hour away.

Remember those business cards, hand them out to every parent you run across at the PTA meetings, soccer practice, choir rehearsals, you name it. Even put your kids to work for you. Chances are that your card will eventually find its way into the right hand and perhaps a beautiful partnership is formed. Also keep in mind that if you work it wisely you may only have need of an investor on the first few deals, after that you can do your own investing.

Also check into any local organizations for investors. Not all investors are involved in real estate transactions currently and not all want to be limited to one partnership, the more money on the table the greater potential return. Also important to remember is the old saying about a bird in the hand. Never, ever, alienate investors.

You may have need of them again someday or they may have need of someone like yourself. You want to maintain a good relationship for as long as possible. It is also wise to remember this because this world does happen to be a small one. Even in the area of real estate investment, word gets around quickly. This is a business and you must treat it as such if you ever hope to make it lucrative.

It is also wise to remember that no business is worth sucking the life out of you. If you find this is not your thing, move on. One deal doesn’t marry you to the business nor does it make you a guru. Investing in real estate or partnering with other investors can be an extremely delicate negotiation process, not everyone is cut out for it. I do wish you the best of luck in your endeavor and hope that you have gleaned some useful knowledge by reading this.