How to find an investment property

**bwiley** · 03-01-2008, 10:30 PM

There are many ways to find a great property for a great price, but the trick is to find it 1st. When investing in property you make your money when you purchase the property, so you need to make sure you get a good deal. Below are some of the resources I use when I go looking for investment properties. A few are internet, word of mouth, drive around in the area that you are interested in purchasing property. If you would like to read the full article on how to find investment property you can check it out at our website.

**nancyarora2020** · 03-10-2008, 04:16 AM

If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Once you've made the decision to buy rental property, your real work begins. Finding a profitable rental property usually takes time, connections and plenty of research.Few of the ways of finding a good property investment are-Talk.Once you've made the decision to buy rental property, your real work begins. Finding a profitable rental property usually takes time, connections and plenty of research.Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.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.Talk to bankers. You might get a foreclosed-on investment property cheaper if you buy it before they list it with a real estate agent.Put an ad in the paper. "Looking for investment properties to buy," might be sufficient to generate a few calls.

**jessiesc** · 03-11-2008, 06:46 AM

IMO, based on why you purchase investment property you are not necessarily buying a property for it's immediate appreciation or resale values unless it's a flip or a reno to sell.

If you are purchasing rental property, you are purchasing the income that property generates, not the resale value.

The calculations are significantly different.

Best of luck.