8+ Ways to Find Your First or Next Rental Property in 2027

The useful part

8+ Ways to Find Your First or Next Rental Property in 2027 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. 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!

How it works

• 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.
• Finally, we'll show you exactly what to track so your hard work actually translates into your next deal!
• Do you send letters, cold call owners, build relationships with agents, or wait for someone in your network to mention a property?
• The whole purpose of the buy box is that before you even hunt for anything that's for sale, you're doing very deep and thorough research on the market to understand what is already proven to do well in this...
• So we start the process of your buy box by doing a very deep and thorough research on the current market conditions and understanding, hey, what are people already paying for in this market?

What to take from it

So looking ahead to 2027, shifting inventory and seller motivation could create new pockets of negotiating leverage, which is why rookies should start building these deal finding systems now. So if you have those three things, your goal, your purchasing power, your strategy, that's the foundation for building out your buy box because maybe I'll give you guys an example. Am I doing this because I want a nice vacation house on the lake?

Example or evidence

• 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.
• I created it and it goes through all of the things that you should think about when building your buy box.
• At least that's how I start my process for buy box building.
• Today, we're breaking down eight different ways to find your first (or next) rental property!

Details worth keeping

Welcome back to the Real Estate Rookie podcast! 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.

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