Looking at Profitable Investment Properties Tips and Tricks

You've been receiving new property listings from your real estate agent and you've finally found one that looks interesting. In this class, we will go over the best tips and tricks when looking at investment properties.

In this class you'll learn:

  • The process for requesting showings with your real estate agent/broker (and what happens behind the scenes)
  • What your agent/broker will need to be able to schedule a showing
  • Insider secrets and a tour of the MLS listing sheet including info you never knew was on it
  • What's the difference between the MLS listing sheet you get and the one the real estate agent/broker gets
  • What to wear and, more importantly, what not to wear to look at properties
  • "Just because you're paranoid doesn't mean they aren't after you." ― Joseph Heller, Catch-22... and the dangers of having sensitive conversations in properties you're looking at
  • Taking photos of properties
  • How to deal with more than one buyer seeing a property at the same time
  • Being able to see more than one unit on multi-family properties
  • Looking at properties... and things you NEED to do before going inside
  • Do these things (ideally even before the showing)
  • What to look at inside the property
  • What to look at outside the property
  • The four methods of looking at properties and my recommendation for each
  • Why Atul Gawande was right and how it applies to your real estate investing career
  • The paperwork of showing properties
  • Interior and exterior inspection checklists
  • Using the concepts of Malcolm Gladwell's "Blink" when looking at properties
  • Determining fair market rent after seeing the property
  • How long will you stay in the property
  • What to do if a tenant (or... *gasp* the seller) is in the property during the showing
  • What to do if you're writing an offer on the property
  • What is the MINIMUM info needed by your agent/broker to write an offer on a property
  • Plus much, much more...

Duration: 1 hour and 56 minutes
Recorded: November 29, 2017
Instructor: James Orr