Best Secrets to Find The Appropriate Bastrop Investment Properties To Acquire
Lots of investors are looking to get started, and as active real estate experts in Bastrop , we get asked to share our secrets quite a bit.
Fortunately, we love to share 🙂
If I had to choose the most popular question of all that we get- I’d say the most popular is, ” How should I go about finding excellent investment houses in Bastrop?””
With the flood of foreclosure deals all but dried up (compared to where they were a few years back)… people are having to get more creative in finding the best deals on great local Bastrop investment properties.
We source our properties from a variety of marketing routes… online, offline, etc… so there is no one way that is the best way to find good investment properties in Bastrop.
The info below will walk you through some of the things you can do to find great Bastrop investment properties to add to your portfolio.
Most investors don’t share their “secrets” because they see everyone as opponents and are afraid that they’ll be used against them by competitors.
That’s not how we work. We work with other investors to accomplish things together that we can’t do alone.
We share our learning and our philosophies here because we want to improve the quality of investment in Bastrop to build stronger communities. Basically, we’re all investing in the same communities, so it makes sense to do it right.
There’s a few core principles that are important to understand if you want to get the best investment property deals.
One, you have to think long term.
Real estate doesn’t move like the stock market. It’s where people live, work and play – not just numbers on a screen. It’s virtually impossible to make a crazy amount of cash in a short-term real estate deal, those come few and far between.
So don’t expect to get away with fancy tricks, or that you’re smarter than the people who have been doing this stuff for years. Thinking long-term means learning from the past to better anticipate the future.
It also means that if you don’t find the local investment properties you’re looking for right away… just know that this isn’t a sprint… it’s a marathon.
That’s why it’s a great idea to find several sources of properties that fit your criteria (like our Bastrop Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.
Second, focus on relationships.
I guarantee that the Bastrop investment world is so much smaller than you think.
Most investors don’t realize that there are really only a handful of major wholesalers, brokers, and investors who conduct most of the business in the Bastrop market.
They’re used to working with the same people on a regular basis. It’s worth the time and effort to find them and learn from them. If you can, work with them. They’re your best source of good deals, now and in the future.
How do you get to know them? We’d advise going to your local REIA ( Real Estate Investing Association) and talking with the most active investors there.. Ask the most active folks there which good ( by good I mean actually have deals priced at wholesale vs retail- there’s a huge difference)wholesalers in Bastrop are active- get their info- and make sure to find out which realtors, and title companies they work with. As a matter of fact- let anyone you meet at the REIA know that you are looking to buy Bastrop investment properties that fit your parameters- you never know who your next deal is likely to come from. Understanding the age old concept of “it’s not what you know, it’s who you know” can make finding the best Bastrop deals easy. Relationships are a key factor to getting some of the best deals on Bastrop investment properties before anyone else has a chance to purchase them.
Who should you form relationships with( Hopefully all the crazy symbols will really make you pay attention ;-))?
– – – A few of the top investment friendly real estate brokers in Bastrop- – –
– – -Real estate appraisers who work with properties similar to your ideal properties- – –
– – -The top notch few property wholesalers in the area- – –
– – -The top handful of property rehabbers / flippers in the area- – –
– – -Title agents that deal with investment properties a good deal- – –
Third, identify your target investment homes.
To be successful in investing, just like in everything else, you have to be focused. You have to mine your niche- focus on what will make you money. Some people make millions just in raw land or storage units.
Others are experts in residential apartments, while others deal strictly with retail. Take your time… do your homework- assess the various segments of the Bastrop market to see which opportunities are truly the best for you – and not just the best marketed. Once you find exactly what you want to own, you can build a plan to find out who currently owns it and make sure that they know to call you when they want to sell that property.
Although it takes a great deal of work- it’s the most dependable approach to create long-term, generational wealth.
Finally – use technology.
Sign up for our list of exclusive investment properties, and we’ll inform you instantly when we find a great investment. Glymph Properties frequently sources properties for deep discounts, secure them and then sell them for a discounted rate to the people on our list who are ready, willing and able to invest. There’s other ways to get notified about properties on the open market – you should get familiar with searching the the local mls with the rest of the herd, because every once in a blue moon a great deal shows up.
We don’t buy any houses that would result in anything resembling an average or below average ROI – we only pass along great deals to our partner investors. We’re not real estate brokers, and our business is a niche within Bastrop.
If you’re looking to seriously invest in Bastrop, we’d love to chat with you to learn your wants, wishes, and objectives.
So hopefully you now know how to find wonderful investment properties in Bastrop. If you have questions give us a call or join our buyers list below!
Give us a call at 888-509-6267 Ext 3 or fill out the form to get started now.
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We’re happy to help you find answers to your toughest questions about Bastrop, Texas real estate, so please feel free to call us at 888-509-6267 Ext 3 and chat with us anytime.
Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for Great High ROI properties
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