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8+ Ways to Find Your First or Next Rental Property in 2027
Description
Finding real estate deals is a challenge for many rookies. Trying to tell the difference between a great deal and a property that is merely disguised as one is something usually only experienced investors see through. But in this episode, we’re sharing some of the best strategies we use to find real estate deals—including a few options you’ve probably never heard of!
Welcome back to the Real Estate Rookie podcast! Today, we’re breaking down eight different ways to find your first (or next) rental property! First, you’ll need to build your buy box so that you know exactly which types of properties to look for and where to find them. But then, we’ll show you how to work through the MLS the smart way, find real estate deals via word-of-mouth, and use seller concessions, wholesalers, and pocket listings to buy undervalued properties. We’ll even share an often-overlooked opportunity that could help you buy an entire real estate portfolio in one transaction!
For each strategy, we’ll get into the real advantages and drawbacks, so you know exactly which of these channels fits where you are right now. Finally, we’ll show you exactly what to track so your hard work actually translates into your next deal!
In This Episode We Cover
The best ways to find great real estate deals in 2027
Why you must build your buy box before searching for deals
How to use the MLS (multiple listing service) like an experienced investor
The secret to finding “hidden” rental portfolios (and how to negotiate them!)
The pros and cons of using word-of-mouth to land deals
What a pocket listing really is, and how to get on an agent's shortlist
How to effectively manage your direct-to-seller outreach campaigns
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-771.<