Creative deal flow... what are YOU doing to maintain or increase your growth?
Hi new FLIPPERS!
Are you having trouble finding good investment properties? Given the decreased inventory, what is your plan to maintain or increase your growth?
Have you ever tried buying from distressed sellers? Not distressed properties. Distressed sellers.
You need to find people who WANT to sell. Who NEED to sell. If you could help them by buying their house, treating them fairly, and providing the cash they need, doesn't that sound like a win-win deal?
This means looking through public records for probate cases and divorce cases. It could mean talking to folks who lost their job or need to pay medical or car bills. It means speaking to people whose homes are in pre-foreclosure, foreclosure, or are behind on property taxes. You could even offer a lease option for when they're back on their feet... get creative and generous!
The key is that inventory is slim and you need to WORK for good investments. They won't come to you. Go find those WIN-WINs!
And please share how you're maintaining deal flow with other new investors in the comments below! Thank you!