Buying Investment Beach Property Can Be Great If You Follow These Tips
Want to improve your odds at finding investment beach properties? It's a numbers game. The more offers you make the better your chances of finding that bargain beach property. Here are 10 tips to help you find more opportunities in investment beach properties.
1. Talk to everyone. Let people know that you purchase beach properties for investment purposes. Many owners may want to sell but feet reluctant to list their beach property because of real estate fees.
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. Find abandoned beach properties. Now these are a little hard to come by, but they do exist.
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. Hire a bird dog. A bird dog is referred to someone you pay a fee to for finding good deals. Let them bring you deals. This works good for areas you can't canvas on a regular basis.
8. Eviction notices. Does your local paper print eviction notices in the paper? Is this information available at the courthouse? The owners of these homes may be motivated to sell.
9. Keep a file of FSBO ads. As "For sale By Owner" beach properties have been on the market for 2 or 3 months, owners may become more motivated to sell as circumstances have changed. An offer they turned down 3 months ago, may be accepted today!
10. Use the local news paper. By placing an ad in the paper the you are looking to buy beach properties, you may generate some calls from people who have become extremely motivated sellers. - 23199
1. Talk to everyone. Let people know that you purchase beach properties for investment purposes. Many owners may want to sell but feet reluctant to list their beach property because of real estate fees.
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. Find abandoned beach properties. Now these are a little hard to come by, but they do exist.
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. Hire a bird dog. A bird dog is referred to someone you pay a fee to for finding good deals. Let them bring you deals. This works good for areas you can't canvas on a regular basis.
8. Eviction notices. Does your local paper print eviction notices in the paper? Is this information available at the courthouse? The owners of these homes may be motivated to sell.
9. Keep a file of FSBO ads. As "For sale By Owner" beach properties have been on the market for 2 or 3 months, owners may become more motivated to sell as circumstances have changed. An offer they turned down 3 months ago, may be accepted today!
10. Use the local news paper. By placing an ad in the paper the you are looking to buy beach properties, you may generate some calls from people who have become extremely motivated sellers. - 23199
About the Author:
Hubert Miles is the founder of Waterfront Houses USA, an internet marketing service that offers Beach Property For Sale available in the US and Canada. Learn more about Beach Properties For Sale in your area.
posted by X - Men @ 7:53 AM
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