Much is discussed on topics like how to find buyers/sellers, what strategy to use, what contracts and forms to use, but I was curious as to the DGers take on How to be a Great Detective.
My granfather was a homicide detective in Staten Island NY in the 40's. (what a time and place)
I never met him since he died at age 35, but I can feel his instincts rumbling inside me.
Anyway, how do you piece together the clues and determine what's a good deal?
Other than basic information like Comps vs. ARV and knowing the home is discounted, what are some secret sauce ingredients that you use on your own as an investor-gator while doing research?
Do you search the county records for a green or red flag, look for unusual trends from 5 years ago in that neighborhood, mark the commercial development border chalkine, look for a crooked for sale sign, or just trust your gut?
How are you the first on the scene?
How do you see what others don't and solve the case
of locating a good deal?
Much is discussed on topics like how to find buyers/sellers, what strategy to use, what contracts and forms to use, but I was curious as to the DGers take on How to be a Great Detective.
My granfather was a homicide detective in Staten Island NY in the 40's. (what a time and place)
I never met him since he died at age 35, but I can feel his instincts rumbling inside me.
Anyway, how do you piece together the clues and determine what's a good deal?
Other than basic information like Comps vs. ARV and knowing the home is discounted, what are some secret sauce ingredients that you use on your own as an investor-gator while doing research?
Do you search the county records for a green or red flag, look for unusual trends from 5 years ago in that neighborhood, mark the commercial development border chalkine, look for a crooked for sale sign, or just trust your gut?
How are you the first on the scene?
How do you see what others don't and solve the case
of locating a good deal?
The money is made BEFORE you buy.
I'm curious!
Thanks.
Vin
"A Calm Sea Does Not Make A Skilled Sailor."