How to identify a really good investment property in Irving to obtain

How to identify a really good investment property in Irving to obtain

 

How to identify a really good investment property in Irving to obtain

Thanks to popular investing and flipping shows on networks like HGTV, FYI, and DIY, real estae investors world over are looking to get started. As very visible, active local Irving expert investors newbs, newbies ask us all the time to share our secrets.

I guess it’s a good thing we like to pay it forward :]

If I had to select the most popular question of all that we get- I’d say the most popular is, ” How would I find fantastic investment homes in Irving ?””

 

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 Irving investment properties.

At Glymph Properties we recognized early on that there is no one right way to find local Irving investment properties. We find our deals directly from owners and indirectly from brokers & wholesalers, our website www.gpsellshomes.com/investment-properties- Irving , classified posting sites, traditional letters/postcards, and from “bird dogs” (acquisition agents).

Below we’ll share some things you can do to find local Irving high ROI investment properties to add to your portfolio.

Most investors are afraid of competition – they think that if they share their secrets, someone will steal their ideas from them.

I guess it’s a good thing that we feel that the more we help, the more information we put out there, the more business will come our way. In order to accomplish things we otherwise couldn’t by ourself we work with other investors.

 

We share our learning and our philosophies here because we want to improve the quality of investment in Irving to build stronger communities. Ultimately, we are all investing in the same places, 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.

 

First, 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 practically impossible to make a crazy amount of cash in a short-term real estate deal, those come but are rare.

People have been investing in real estate since the dawn of time, so don’t expect that your “new” approach is going to blow the competition away. Sorry to bust your bubble, but chances are that it’s been tried before and there’s a reason it’s not that prevalent. Thinking long-term means learning from the past to better anticipate the future.

Also, realize that real estate investing is a marathon not a sprint. Being successful as a real estate investor means being steadfast, stubborn, and patient. Don’t be in a hurry to conquer the investing world- It’s going to take time, but if you stick with it you can be as successful as you’d like.

There’s always more than one way to “skin a cat” so when it comes to being the best Irving real estate investor you can be, having as many property sources as possible is key. Feel free to add our Irving Investment Property Buyers **List** to give yourself as many options as possible. Making money in real estate can really be boiled down to buying property at the right price… We have better than “right” prices!

Second, focus on relationships.

I guarantee that the Irving 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 Irving market.

You may have been in the same boat as most investors and hadn’t realized this, but that’s because the key players usually work with the same people on a regular basis. Unless you have occasion to work with them chances are you’ll never get to see how lucrative their friendship can be. It’s worth the time and effort to find them and learn from them. If you can, work with them. Once you develop a good network, they’ll become your best source of high ROI deals.

How do you form a relationship with them? Go to your local REIA ( Real Estate Investors Association) and find the people who are active and talk to them. Ask them which real estate agents they use, what wholesalers in the area are active (and get their info) and let everyone you can find know that you are looking for investment properties that fit your criteria. Understanding the age old concept of “it’s not what you know, it’s who you know” can make finding the best Irving deals easy. Relationships are a key factor to getting some of the best deals on Irving investment properties before anyone else has a chance to purchase them.

 

Who should you get to know( Hopefully all the weird symbols will really make you pay attention ;-))?

 

$$$ The top investor friendly Irving real estate brokers$$$

$$$A couple real estate appraisers who deal w/ the types of properties you deal with$$$

$$$The top handful of property wholesalers in the area$$$

$$$Active Irving property rehabbers/flippers$$$

$$$Title agents that deal with investment properties quite a lot$$$

Third, identify your ideal investment houses.

To be a successful Irving investor, just like in everything else, you have to be focused. You have to determine your niche- focus on what makes you money. Some people make millions just in parking garages or storage units.

 

Others concentrate on residential apartments, while others deal strictly with retail. If you take the time to do your homework, you can review the different segments of the Irving 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 owns it and make sure that they know to call you when they want to sell that property.

 

This takes a great deal of work, but it’s a tried-and-true method for creating long-term wealth.

 

Finally – use technology.

Sign up for our list of exceptional properties, and we’ll inform you instantly when we find a great investment. Glymph Properties frequently sources investment 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 Irving .

 

If you’re looking to seriously make investments in Irving , we’d love to chat with you to learn your wants, wishes, and objectives.

 

So hopefully you now know how to find good investment properties in Irving . 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.

 

Sell Your Irving House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about Irving , 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

See how investing works with Glymph Properties

Check out our investing articles to educate investors!

Not only do we have properties throughout the world but we also have homes in Texas : 75038, 75039, 75060, 75061, 75062, 75063.

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Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer

www.gpbuyshomes.com/sell-my-house-fast-irving See how it works

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Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 for a Fair Cash Offer

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