The Personal Finance Podcast - 26 Ways to Find Real Estate Deals (17 Are Free!)
Episode Date: July 5, 2023In this episode of the Personal Finance Podcast, we're gonna talk about 26 ways to find real estate deals, and 17 of these are free. How Andrew Can Help You: Join The Master Money Newsletter where... you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest! Watch The Master Money Youtube Channel! Ask Andrew a question on Instagram or TikTok. Learn how to get out of Debt by joining our Free Course Leave Feedback or Episode Requests here. Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Policygenius: This is where I got my term life insurance. Policygenius is made so easy. +To get your term policy go to policygenius.com and make sure your loved ones are safe. Factor 75: Head to factormeals.com/pfp50 and use code pfp50 to get 50% off your first box. These are amazingly easy and nutritious meals. Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel Free Guides: The Stairway to Wealth: The Order of Operations for your Money How to Negotiate Your Salary The 75 Day Money Challenge Get out Of Debt Fast Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices
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On this episode of the personal finance podcast, we're going to talk about 26 ways to find real estate
deals and 17 of these are free.
And welcome to the personal finance podcast.
I'm your host, Andrew, founder of mastermoney.com.
And today on the personal finance podcast, we're going to talk about 26 ways to find real
estate deals and 17 of these are free.
If you guys have any questions, make sure to hit us up on Instagram or TikTok or
Twitter at Master Money Co and follow us on Spotify, Apple Podcasts, or whatever podcast player, you'd love
listening to this podcast on it. If you want to hop out the show, leave a five-star rating and
review on Apple Podcasts. And don't forget to subscribe to the Master Money newsletter where we are
giving you a brand new newsletter every single week on Thursday mornings with a bunch of fresh new content.
Make sure you check that out as you go through some of our other content. Now, today, we're going to
be going through 26 different ways that you can find real estate deals. And if you're interested in
investing in real estate, one of the most powerful activities that you can do is go out and find
deals. But deal finding is very difficult for a lot of beginners. They try to do it in one single way
in one single way only. They just search online through Zillow or something along those lines.
But I'm going to show you a bunch of creative ways to find deals, specifically so you can find
on market deals, but also off market deals. And to me, my favorite way to find
properties is with off market deals. I've started to get back into really hunting down real
estate deals now. And that's one thing that I'm really, really heavily prioritizing this year.
And so as I do this, I'm going to kind of share a bunch of different things that I'm going to be
trying with you and to show you that there's so many different ways to find real estate.
But primarily what I am trying to do now is I used to find all my deals on the MLS. I would make
a hundred different offers. And every single time was like an exhausting process just to find one deal.
In fact, to find one deal, I'd have to make 200 plus offers just to get one deal accepted.
And so what I figured is going forward, I am going to be looking for a lot more off-market deals.
And I'm trying out a bunch of off-market tactics in order to find some of these deals.
And deal finding in real estate, as you know, running your numbers and finding deals is the highest activity that you can make.
Why?
Because every deal that you add to your portfolio is going to mean that you are building more and more wealth.
and you can get wealthier and wealthier by doing so.
So this is something where I'm really excited to share all of these options with you.
You can pick a couple of these and see which ones are actually working for your lifestyle and how you like to operate.
Some of these are for introverts.
Some of these are for extroverts.
But we will kind of go through each and every single option for you so that you can see what is the best option for you.
So we are going to start with all of the free options and there are 17 different free options.
And I'm going to talk about some of the paid options too, where if you really want to scale your portfolio,
you really want to scale your business,
then looking at a combination between free and paid
can be a great, great option.
So excited to dive into these.
Let's build wealth together.
So without further ado, let's get into it.
All right.
So number one is the classic example.
This is the one that a lot of people do.
This is the way I found most of my properties early on
when I first started investing in real estate in 2017.
And this is look for deals on the MLS.
I'm not talking about Zill or any of these other places,
but look for deals with an agent on the MLS.
Now, when I started looking for rental properties very early on,
I realized most agents are not investor-friendly.
And I completely get it because agent's job is to make money off house sales,
off commissions.
It is a waste of time for them to make tons and tons of different offers
so that you can get your single deal.
Now, if you have a bunch of deals in your area and you're making very fair offers,
that is one thing.
But if you are making offers that fit your investing criteria,
instead of what the actual price is,
which is what I did, then you are going to have to take matters into your own hands, which is exactly
what I did. So in 2016 or 17, I went out and got my real estate license in the state that I live in,
which is the state of Florida. And so when I got that license, I can make all the offers myself.
And your boy was making offers left and right. I'm talking about making over 100 offers every
single month, pretty much on every property that hit the market. And it would take me 100 to 200 offers
to be able to get one to two offers accepted. And so this is one thing.
where I quickly realized this is not a very scalable activity,
and I would do all of it myself,
filling out the contracts, myself,
sending it out to the agents.
The agents would scream back at me,
what kind of a price is this?
Because I'm giving them my price instead of what the actual listing price is,
and this just was not really a fun process to go through.
But there is still a way to make money doing this,
especially if you can find someone to typically help you out.
Now, if you want to do all the work yourself, you absolutely can,
and you can work with an agent who is investor-friendly,
who is willing to send out those offers.
But if you can't find any,
investor-friendly agents. Maybe you want to go out and get your real estate license if you feel like.
It also allows you to access these properties on the MLS without having to have an agent with you.
You can just walk into the properties, which was very helpful for me and my schedule.
So there are some pros to that. But for most people, you're not going to want to go out and get your
real estate license. It takes you 60 plus hours to go out and get it because you've got to sit
through the classes and then take the test. So for most people finding an investor-friendly agent,
and you can find these a lot of times at real estate meetups or maybe you find brand new agents
who don't have a lot of business yet. This is going to help you.
you through some of this process who are willing to be hungry and make a bunch of offers. Also,
if you're working with agents, look for the agent in your area that is some of the best agents
in foreclosures. If you can make contacts and rebuild relationships with some of these agents,
sometimes they will send you the properties that are coming on market before it actually starts.
I became very good friends with one of the agents in our area, who is the number one foreclosure
agent in my area. And so he would send me properties before they came on market. I'd be able to
see them. I'd be able to even go look at them at times. I'd be able to even go look at
times, depending on what type of property it was, so that I could see some of these foreclosures
on the market. Now, this is one freeway to do this. Number two, the second freeway is driving for
dollars. Driving for dollars, if you do not know what this is, is one of the most powerful things that
you can do. Now, back when I used to do it all the time, I don't do it as much now because I don't
have as much time as I used to, but when I used to this all the time, I would have to manually drive for
dollars. Now, let me explain what driving for dollars is, and then I'll talk about some of the tactics
that you can use. So what driving for dollars is, is you go look in neighborhoods that you are
looking for to start investing in investment properties. And what you're doing in these neighborhoods
is you are looking for houses that are in distress. So maybe the grass is really, really high.
Maybe the paint is chipping on the outside. You can tell maybe somebody hasn't lived there for a
very long time and or someone is just not taking care of the property. And you were looking for these
properties. And once you find one, you're going to write down the address of that property.
And what happens here is when you drive for dollars, you're going to start to compile a list of maybe 100 properties to 200 properties where you can do a number of different things.
Number one is you can skip trace the property.
What does skip tracing means is that you put it through a software.
The software is going to spit out information to that property, something like their phone number, maybe their address, who owns it and some additional information, maybe an email if you get lucky, something along those lines.
Then once you have this information, you decide what to do with it.
A, you can send out letters to them.
handwrite letters to each individual person, which is what I used to do. I used to take a yellow
notepad with a red pen and I would write letters each person and send them out. Now there's technology
and companies that you could pay, but you have to pay a lot of money where they will literally
handwrite for you and send out those letters for you. But there's also apps that do this. So there are
different apps out there that will actually help you pinpoint each of these locations that you see.
And then you can also send letters or things automatically to the direct owners. One is called
Deal Machine. And Deal Machine actually does this for you. I wish I had.
this early on. Let me see what deal machine costs as I'm recording this episode. So it's a deal machine
for the membership is $59 per month. And what it does is it allows you to look up 10,000 different
leads, drive for dollars, there's data analysis, and you can mail each letter for 64 cents a letter.
So it is not a free option if you're going to mail these letters out. But it is a free option
if you're going to contact these sellers. Maybe you want to cold call these sellers directly and
kind of do the sweat equity for this. And it's going to allow you to kind of find all this information
without having to pay a bunch of money. So you can literally go through, drive for dollars,
find some of these properties, write down the address, skip trace some of these addresses,
and then give some of these sellers a call and or just handwrite a letter and send it off to
them. Now, each letter you send off. If it's in a postcard, it's going to be 30-something cents,
whatever it is now. And if it's a handwritten letter, it's about 50 cents a stamp. So it depends
on the stamp cost there. So it's not 100% free. I know I'm saying it's 100% free. But if you
want it to be 100% free, your options are to try to give them a phone call after you skip
trace and or knock on the door, see if anybody will answer the door. That's a little bit of a more
dangerous tactic, but you can do that. So driving for dollars is one of my favorite tactics. I could do
an entire episode on this because there's a lot more to talk about when it comes to driving for
dollars. So we will add that to the podcast list for the future and we will talk more about driving
for dollars. Number three is let everybody that you know, know that you are a real estate investor.
You would be amazed at how powerful this actually is because what happens here is once people know
that you're a real estate investor, they start to bring things to you. Hey, my mom wants to sell this house.
would you pay for this house or would you be willing to take this off or hands? Or friends who are
agents, for example, or friends who are property managers, for example, will bring you property,
say, hey, this seller wants to get rid of this property. They don't want it anymore. Do you want it
and talk through some of those things? So let everybody know whether you go to church or you go
to weekly meetups or you just go hang out with your friends and I let everybody know because
as word starts to spread that you're the real estate person, then more deals will flow your way.
Number four, and this is a very, very good one is participate in real estate clubs. Now, I've talked
about a couple of the real estate clubs that I used to go to all the time, and I don't go to them
as much anymore only because I just don't have enough time. Once I started to have kids, my time was
very limited into when I could go to these real estate clubs. But if you find a local club in your
area, this is where you're going to meet like kind investors that are trying to do the same
exact thing that you are and or there's also a lot of really, really seasoned investors there.
And I'll talk about a couple clubs that I went to. So one of them I used to go to was in the
back of a Chinese restaurant. And we'd go all the way to the back of this Chinese restaurant.
They rented out like this big, giant room in the back of this restaurant. And there was like
100 investors there that would go every single week, every single Monday night. And we would
be there and there would be talks going on and people would talk about deals that they're looking
for. People would talk about things that they're looking for. And they would kind of go through some
of this stuff. And some deals were made at that real estate meetup. But then later on, I found where
the advanced investors would go. And where they would go would be this real estate meetup.
it still happens every single Thursday morning inside of a Denny's.
And this real estate meetup is filled with millionaires.
I'm talking 20, 30 millionaires in this one real estate meetup, and they call it the real estate
exchange.
And what they do at this meetup is they literally bring up properties and everybody comes up
and says, hey, does anybody have any properties they want to get rid of or they want
to trade or they want to swap?
And everybody brings out the properties that they want to get rid of, trade, or swap.
And then people come out and they start making offers on them.
And the offers are all different.
types of things. And you can see how creative real estate can get just by watching some of these
offers. And it's amazing because people are swapping properties left and right or they're putting up
cash or different real estate notes or all these various things. Some people are trading cars for
properties. And there's so many different weird things going on in this meetup. And then all of a
sudden I started to talk to some of these people. And these people look like they're very normal,
everyday people. And yes, hey, well, how many doors do you have? And they'll tell me 1,000 doors,
1,200 doors, 700 doors, 700 doors. These are really serious real estate investors. And some of them
have been doing it for 30, 40, 50 years. There's one guy in there who is in his 80s who has been doing it
since he was 21 and he has an incredible amount of properties. He had well over 1,000 properties
and is still just buying and acquiring properties and doing it every single day. This is an amazing
way to learn from people and to build well. So if you have some of those secret meetups,
just kind of hang around some of the meetups, even if you don't love it, hang around some of those
meetups and once you get to know people, they'll start inviting you to some of these other
meetups and then you can really, really make a big difference once you find some of these meetups.
Number five is identify pre-foreclosure property. So there's a couple of different ways that you can
do that. But if you don't know what a pre-foreclosure is, it is people who are in the process of
potentially getting foreclose on if they don't pay their mortgage and they haven't paid their mortgage
for a very long time. So if they haven't paid their mortgage for the last 60 to 90 days is typically
when they'll go into pre-foreclosure and they're in real danger of actually losing their
home. So if you pull some of these lists, you can actually contact some of these people and talk
through and say, hey, listen, I buy real estate. If you can't afford the payments on this house,
there's a bunch of different things we can do. We can do creative financing, which we're going
to have a guest coming on this podcast talking about creative financing. We'll dive into it,
but you can do subject to type deals. You can do deals where you do seller financing. And there's
some really, really great deals that you can find on these pre-foreclosure property lists.
But you have to make sure that when you do this, you actually have a solid list. So you can buy
lists from a bunch of different places. Prop stream is one. There's a bunch of other ones out there.
Or you can go to the county courthouse and grab some of these lists for free. Or you can also go
places like Zillow. And Zillow has this little thing on there that says pre-foreclosure and will
kind of give you some of the properties. I don't know if it's 100% accurate, but it does have pre-foreclosure
lists on Zillow that you can check out also. Number six is to show up to the courthouse steps.
So you can actually show up to the courthouse steps and bid on properties. A lot of it happens online now,
but you can actually bid on properties that were either foreclosed on and or properties that
have a bunch of different other issues. And if you do this, you can find properties that are available.
The bad thing about this is a lot of times you cannot go into the property or look at the property.
So you were buying these things sight unseen and you were trying to figure it out as you go there.
Number seven is check eviction records.
So when you check eviction records, what's going to happen here, and I used to specialize in this,
is you're going to find deals with struggling entire landlords.
And these were my favorite deals to go out and find because you'd find landlords.
who just are not seasoned and screening tenants to go into their property.
And they have really bad tenants in their property who may not be paying or they're not doing
well inside the property and they can't figure out how to get them out of the property.
And so what you can do is go in there and you can check out eviction records and just start
calling up tired landlords and saying, hey, I've noticed you had a couple of evictions at this
property.
Would you be willing to sell this property?
It sounds like it's giving you a whole lot of headaches.
Maybe we can work out a deal together where we can buy this property.
And a lot of times it's a win-win situation.
They want to get this property off of their.
hands and you can take over a property potentially at a discounted rate depending on what they're
willing to sell it to you for. Number eight, and I used to do this every single day and refresh it.
It's post a Craigslist ad. Just say, hey, I buy property. I buy houses. No matter what the condition is,
just post it on Craigslist. Now, you make a few phone calls from this and that's it,
but you may find a property this way and it's completely free. You can also search Craigslist.
So Craigslist is not dead yet, even though it seems like it is, but there's still people who post things
on Craigslist. You can go on Craigslist, see what properties are actually on there. A lot of
for sale by owner people are on there. And there's also some other things that you can find on
Craigslist, like rental property owners who are listing things for rent. But guess what? The owner's phone
number is right there. And so you can call up those owners and say, hey, would you be willing to sell this
property or would you be interested in selling this property? Look for for sale by owner signs.
Now, this is one that I've never had real success with this, but it is one that I know people who have
had success with this. And the reason why a lot of for sale by owners are selling it themselves is because
they are not willing to pay commissions or some additional things, and they also want more for their house
than it's actually worth. So when this is the case, a lot of times it's really hard to negotiate with these folks
because they think their house is worth more than it actually is worth. But if you are someone who is willing to
go through and weed through some of those folks, this is a great free way to do it, looking for those
for sale by owner signs. There's also for sale by owner websites where for sale by owners sell on those
websites. You could check those out. Browse expired listings is in the next one. So expired listings.
are when the real estate agent post something on the MLS and they leave it on the MLS until their
contract expires. And typically that's around six months when these listings expire. At least in my state,
that's what it is. I don't know what it is in other states. And so when these listings expire,
what happens next is that either another agent's going to pick it up and try to do a better job of
selling this property and or investors like you and I, we can go and start calling some of these folks
and saying, hey, why is this property not selling? Is there some deal that we can work out where you
could be creative. Maybe they want too much money for that property, for example. Well, you can do some
creative financing, like seller financing, which would allow you to get into that property and maybe
cash flow it, if you can run the numbers correctly and figure out if that works. Or if they're
underwater on their mortgage, maybe you do a subject to deal and figure out how you can actually
figure out some of these numbers. Number 12, tell your family and friends. If your family and friends do
not know that you're looking to buy real estate, you need to tell as many as people as possible because
if they do not know, maybe they know people who are selling stuff. This happens all the time, where
Family and friends know that I'm someone who is interested in real estate and they will tell me, hey, so and so is about to sell their house.
So, so and so wants to get rid of their house. Their mother just died and they don't know what to do with the property, all these different things. So make sure you are telling your family and friends. Create content. Number 13. So all the big real estate investors who create content, the reason why they create content is because they want to create awareness around what they do. So if you're really interested in wholesaling properties, for example, you could start a social media, you could start a website where you just talk about wholesale.
selling properties. And then people in that area that all of a sudden realize, hey, this person is in my
area. I'm going to bring them some properties so that they can buy them and wholesale them for me.
You can be able to create that content and go through that process. And the same token, number 14,
is make sure your website is search engine optimized. If you're a real estate investor, you want to have a
website. There's a bunch of free websites that you can make out there. But make sure it's
SEO friendly or search engine optimized where if they Google houses in Toledo, Ohio, and you invest in
Toledo, Ohio, your website comes up on the first page. You got to make sure that you are SEO
optimize because people are going to Google that and you want to make sure that you are on the very
first page. Number 15 is find a commercial broker. If you want to do larger deals, make sure you
are talking to commercial brokers and you are looking at different places where you can find
properties that size, especially if you want to do apartment buildings or you want to do commercial
real estate. If you want to do anything bigger, make sure you're working with a commercial broker.
Number 16 is you can search online marketplaces depending on what your niche is. So there's things like
LoopNet if you're looking for commercial real estate. There are things like if you're interested in
mobile homes. There's mobile home park store.com.
There's all these different things that you can look for.
Make sure you're searching those online marketplaces consistently.
And the number 17 is buy a deal from a wholesaler.
I have purchased deals from wholesalers.
I have one under contract right now with a wholesaler.
And sometimes you can find good deals with wholesalers.
Why?
Because wholesalers can find good deals.
So they find a good deal.
Then they sell it to you.
If you don't know what a wholesaler is, a wholesaler is someone who buys a property at a specific
price.
So they send out letters or their door knock or they'll do all these different things to try
to find properties, which door knocking is another strategy that's free.
So I need to call this 26 plus way.
to find real estate. But buying a deal from a wholesaler is one where the wholesaler is going to buy a
property where they find the property, they send out letters or whatever, and they get that property
under contract. And then they assign that contract to their list of real estate investors. So they go and
take that property and say they get it for $120,000. And then they sell it to a real estate investor
for $140,000, for example. And so they make $20,000. They are the middleman in between.
But they get these properties sometimes at a low enough price where it is still a good
deal. They find people with problems. And typically all real estate is is solving other people's
problems. So they find people with problems. And then they are going to sell that property to somebody
else with a different problem. So the property I have in a contract right now has a problem.
And the problem is that it has a squatter inside of the property. And so once we close in that
property, the process to get a squatter out of your house is a very simple process in the state of
Florida. So we will be able to kind of go through that process. But the risk with it is is that
the squatter could completely destroy your house. And that's kind of to be expected. But we have
a ton of equity in the price that we are buying this property at. So it makes a lot more sense.
So buying from wholesalers can be a great option. Usually the properties are distressed and
or they need some work. And so it's great for flippers. You can get some hard money loans in order
to flip those properties and or you can go out there and you can figure out some other creative
ways to kind of find those properties. So I will give you a report back on the squatter hole
situation. Maybe we'll do a YouTube video on it throughout the whole process because I think that's
going to make a fun video. But it is one that is going to be an interesting adventure because
that's not one we've had to deal with yet, I've had to deal with evictions and all.
all sorts of different things, but never had to deal with a squatter. So that's going to be a fun one.
So those are the 17 different ways to find things for free. I like a lot of those options. Some of my
favorites are finding one from a wholesaler. I like driving for dollars. I like searching for
expire listings. I like pre-foreclosure properties. I love real estate clubs. I love
looking for deals on the MLS if you're willing to make a bunch of offers. Checking eviction records is
another great one. Even going through for sale by owners is another great one. So those are some of my
top ones off that list. If you're trying to narrow.
those down a little bit and look for some free options. Now, let's dive into some of the paid
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your business, your family, and your dreams. Get financial advice that puts you at the center.
Find your advisor at IGPrivatewealth.com. All right, so let's go through some of these paid versions
of how you can find real estate deals, and these are really scalable. What I mean by that is the more
money that you earn, you can reinvest some of those profits into doing some of these things,
and you can really increase your deal flow in,
or you can figure out what to do with these deals.
Because a lot of deals have different options
where sometimes you're going to find some of these deals
and you may want to keep it as a rental property.
Sometimes if that house has a ton of equity in it
and it just needs some cosmetic repairs,
maybe you want to flip the property,
take that cash, and put it towards some of your future investments.
Third option is that you can also wholesale the property,
which we just talked about.
We'll buy it for a certain price
and then go ahead and take that
and send it out to a group of investors that you know
and sell it at another price.
So these are all great things that you can do.
But those are the major three options.
Those are the three things that you can do with properties typically is wholesale, use it as a rental, or flip the property.
Those are the three things I want you to keep in mind.
So number one is do direct mail marketing.
So this is one I'm going to be experimenting with where you're sending out letters and you're sending out postcards to people.
And really, this is a volume game.
You're going to want to send out as many as you can.
And from all the folks that I've talked to, you get like a 1% response rate, sometimes less than 1%, a half a percent on some of these other ones.
but you're really just sitting in it out as a value game.
So I've been told, you know, you spend $5,000, $10,000 to get one deal, and that's kind of what
happens. So this is a very expensive way to go out and find deals, but is it worth it if you
can find a real estate deal that actually cash flows for $5,000?
To me, that is a worthwhile tradeoff as long as I can find those deals.
So I'm going to test this out.
I will report back to you guys on some of the results with this.
For years and years and years, I've wanted to try.
I'm just too frugal to actually make it happen.
But now we're actually going to give it a shot.
So we'll see how that works, and I will let you guys know.
Number two is buy a tax lien.
So you can actually buy tax liens, which means someone didn't pay their taxes and you get
the right to buy the property and get a great deal.
So buying tax liens is how some people find all of their properties.
It's a very interesting way to find properties.
I've never tried it before, but I know people who have and people who do it.
And they do very well doing this.
So look in your local state, look at your local county, and then look at your local city and
town and see how you can buy tax liens.
Number three, put a sign in your front yard or use bandit signs if they're leaving.
in your area. So if you don't know what a bandit sign is, it's illegal in my area so we can't do
them. People still do them, but we can't do them here. People still do them, but I don't do any
kind of gray scale stuff. I make sure everything is kind of above bar and everything's by the book,
the way that we do it. But you can put signs out, like on the side of the road, for example,
let's say we buy houses cash. And you can put those bandit signs out. And so people have the
recognition and then you put either your business phone number or whatever else you want to put
on there. And then people start calling you and trying to figure out, hey, can you buy my property
and or do you have any properties to wholesale to me too. So that's another option. Number four is an old
school way. We're going to have a couple old school ways on here. Rent yourself a billboard. So billboards now
are still a way to get advertisement. If you can find a really busy road with some good prices out there,
maybe you find an agent who rents out billboards and they can find you some good prices. That may be
one where you can go out, go bold, rent yourself a billboard on the side of the highway and get thousands of
people to see your message every single day. Or you can do it with like YouTube ads also. So there's those two
options. Number five is get a magnetic sign for your car. This is probably the cheapest way to do it
here. So you go to somewhere like vista print, get a magnetic sign for the side of your car. And as you're
driving and commuting to work every single day or whatever else you drive, you can have this sign
on the side of your car that says, hey, I buy houses. I buy them in any condition. If you want to
sell them to me, you know, here's my phone number. And people I know get deals by doing that. That's
something I'm interested in doing, which is not the way I roll. But a lot of people I know who do
that, get one or two deals a year from that. So that's just another option that you can have there.
It's $100 to get that magnet made and you can go ahead and be on your way. Number six is to create a
radio commercial. So in your local area, you can create radio commercials that may convert into
interested buyers and sellers, especially the baby boomer community who listens to radio more so than
they do other things. And they have the most property out there right now. That'd be a community who would
kind of hear those commercials. You can also place an ad in the newspaper. Same community as the folks who
most likely read the newspaper, then you could put an ad in the newspaper. You can also post an ad in a
landlord magazine, especially if you have a local landlord magazine that is like a great spot to do it,
where you could put it in there for landlords and try to find other landlords who have rental
properties to sell to you because they're the ones who are going to be owning multifamily and some of those
other pieces. And the number nine is to pay for ads on Google. So every time somebody Google something,
you can use Google AdWords. And every time somebody Googles, let's use the same example as before.
someone who buys houses in Toledo, Ohio, for example, then you could pay for your website to show up
first. And that's going to allow you to make sure that you are number one in the search results
when people search for that. So that's just another great option if you're interested in finding
properties and you want to pay for Google Ads. That's not something I've ever done before,
but I know people who have and people who do very well doing that. So that is another option that
you have available to you to find these properties in a paid version. The first one I'm being
trying on this list is doing the direct mail marketing. And then we are also going to be trying
the tax liens in the future. So those are the two main ones that I am looking at. The other ones are
some old school style stuff, but you got to get a little scrappy when you do this stuff. So
getting scrappy with the first 17 ways that are free and then taking one or two paid versions
and getting a hold of those. Whatever fits your style and your criteria is a great way to go out
and find properties. If you guys think I missed any on this list, please let me know because I would
love to hear your ways that you find properties. And if you guys have any questions,
make sure to hit me up. I hope you learned a ton about how to find rental properties today.
Again, my entire goal is to bring you as much value as possible in every single episode. So,
thank you guys so much for listening to this episode. And we will see you on the next episode.
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