Ten Tips To Buying Investment Beach Properties
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. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
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. Look for abandoned beach properties. Is the lawn high? Does the house lack much need maintenance? These are clear signs that the owner doesn't want to deal with the beach property for some reason. He may be motivated to sell.
5. Search for old "For Rent" ads. Call the landlord to see if he would be willing to sell. The worst thing he can say is no. the landlord may be willing to entertain a legitimate offer.
6. Speak to local bankers. Local bankers might can provide you with a list of foreclosed and pre-foreclosure investment beach properties. You can buy it before they list it with a real estate agent.
7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.
8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the process of evicting tenants is a likely seller.
9. Log any FSBO ads. Keep a log of any "For sale By Owner" ads. Watch the beach properties to see if they have sold. Once they a two or three months old and haven't sold, they many be more receptive to your purchase offer.
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. - 23221
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
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. Look for abandoned beach properties. Is the lawn high? Does the house lack much need maintenance? These are clear signs that the owner doesn't want to deal with the beach property for some reason. He may be motivated to sell.
5. Search for old "For Rent" ads. Call the landlord to see if he would be willing to sell. The worst thing he can say is no. the landlord may be willing to entertain a legitimate offer.
6. Speak to local bankers. Local bankers might can provide you with a list of foreclosed and pre-foreclosure investment beach properties. You can buy it before they list it with a real estate agent.
7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.
8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the process of evicting tenants is a likely seller.
9. Log any FSBO ads. Keep a log of any "For sale By Owner" ads. Watch the beach properties to see if they have sold. Once they a two or three months old and haven't sold, they many be more receptive to your purchase offer.
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. - 23221
About the Author:
Hubert Miles is the founder of Waterfront Houses USA, an internet marketing service that offers Beach Property available in the US and Canada. Learn more about Beach Properties in your area.
posted by X - Men @ 2:40 AM
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