Searching for The Most desirable Investment Houses in Midland
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 Midland expert investors newbs, newbies ask us all the time to share our secrets.
Our mothers always told us to be blessings to other- so we try to help any chance we get…
If I had to select 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 Midland?””
Since the turn around of the housing market and the near disappearance of foreclosure deals, investors are having to become more creative in their hunt for quality local Midland investment property deals.
At Glymph Properties we recognized early on that there was no one right way to find local Midland investment properties. We find our deals on online & offline, our website , classified posting sites, traditional letters/postcards, and from “bird dogs” (acquisition agents).
Below we’ll share some things you can do to find local Midland high ROI 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.
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. Working together with other investors allows us to do things we can’t do along.
We want to improve the quality of investment in Midland, and help to restore the prestige and reduce the stigma associated with investing. We share what we’ve learned and our philosophies in the hope of showing investors the “right way”. Ultimately, we are all investing in the same places, so it makes sense to do it right.
To get the best investment properties there are only a few core tenants to understand.
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 virtually impossible to make a crazy amount of cash in a short-term real estate deal, those come few and far between.
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. Learn from the past and other investors’ experience, don’t try to re-create the wheel.
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.
There’s always more than one way to “skin a cat” so when it comes to being the best Midland real estate investor you can be, having as many property sources as possible is key. Feel free to add our Midland 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 Midland investment world is so much smaller than you think.
There are only a handful of brokers and investors who conduct most of the business in the 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 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 Midland 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 Midland investment properties that fit your criteria- you never know who your next deal is gonna come from. Learning how to find good investment property in Midland isn’t a hard thing… but relationships can be a key element in getting some of the best deals on properties that no one else has access to in the Midland market.
Who should you form relationships with( Hopefully all the crazy symbols will really make you pay attention ;-))?
– – – The top investor friendly Midland real estate brokers- – –
– – -A couple real estate appraisers who deal w/ the types of properties you deal with- – –
– – -The top notch few property wholesalers in the area- – –
– – -The best Midland property rehabbers/flippers- – –
– – -Title agents that work with investment properties a good deal- – –
Third, identify your target investment houses.
Investing in Midland is the same as investing in any other city on the planet, 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 store fronts.
Others are experts in residential apartments, while others deal strictly with retail. Take your time… do your homework- assess the different segments of the Midland market to see which opportunities are really the best for you – and not just the best marketed. Once you find exactly what you want to invest in, you can create a plan to find out who owns it and make sure that they know to call you when they want to sell that property.
Although it takes quite a bit of work- it’s the most dependable technique to create long-term, generational wealth.
Finally – use technology.
for our list of exclusive properties, and we’ll notify 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 multiple listing service 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 Midland.
If you’re looking to seriously invest in Midland, we’d love to chat with you to learn your criteria, preferences, and objectives.
So hopefully you now know how to find wonderful investment properties in Midland. 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 Midland, 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
Not only do we have properties around the globe but we also have real estate within 50 miles of the following zip codes Texas : 79701, 79703, 79705, 79706, 79707, 79765, 79782.
Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer
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