One of the most difficult things for new real estate is finding real estate investing deals. In fact, there are some experienced investors that continue to have this problem, even after working at it for several years. Although it can be difficult to find real estate investing deals, it is not entirely impossible.
Finding Real Estate Investing Deals in LA
The first thing that investors must do to find deals is lose the mentality that a fairy will allow deals to fall in your lap. Did you notice any deals coming to you before you were an investor? Why should you attract more deals after you start real estate investing? The answer is that you won’t. To find real estate investing deals you have to look for them.
Knocking on doors is a tried and true method to find real estate investing deals. Are you afraid to knock on doors? So are most other investors. Since there are so many investors reluctant to knock on doors, there is an entire segment of the market left untouched. Think of how many more deals you can find if you become the one who isn’t afraid to knock on doors.
By now you are wondering what exactly you should say when you knock on someone’s door. Let’s say you were down at the courthouse looking up recent foreclosures. You find a few addresses and you would like to contact them.