How do I find good real estate deals?

There is no secret to finding good real estate deals, no magic formula, no secret sauce. Just like everything else in life it only requires hard work, time and dedication. If you are serious about investing in Real Estate and are ready to move financially when the right deal comes along all you need is time......or the right agent.

As a Real Estate Investment Consultant I am constantly on the look out for investment property. Now you may hear many agents, brokers, and even friends say they are activly doing this but you have to ask them and yourself, "do they know what they are looking for?"

What differentiates a good real estate deal and a bad one? Many many things, some of which you will find in posts below. The importance of knowing exactly what to look for is second to none. You can have $2,000,000 to invest, but if you don't know what makes a deal good that money will not grow, it will depreciate and at a very rapid pace. I will tell you now that a smart investor with $50,000 will make more over time then a "lack-luster" investor with $2,000,000 to invest. The name of this game is "positive hold". I don't care if you are making $100 a month on a property or $5000, you NEED to be positive from the start, don't speculate. Don't convince yourself that appreciation is on the way or that it MUST be good because you are paying 30% less then the homeowner paid......you MUST be positive.

If you can find postive hold real estate deals, you've found a "good deal"

If you want help finding these deals,email me now.

Rick Rapp
Real Estate Investment Consultant
rick@rickrapp.com