“It’s a lot easier to find something when you know what you’re looking for.”
I’m constantly checking real estate listing websites for deals. Although they’re a lot harder to find than during the great recession they’re still out there and it only takes one to make you tens or even hundreds of thousands of dollars, because as any good real estate investor know, you make money when you buy.
One of the websites that’s great for finding real estate is craiglist since many for sale by owners and investors will attempt to market their properties there before giving into real estate agents.
I found my 8 unit apartment investment using this technique and thought it’d be helpful to share some phrases to search for while looking for real estate on craigslist.
- Land Contract
- Seller Financing
- Must Sell
- Motivated
- Make Offer
- Moving
- TLC
- Handyman
- Fixer Upper
- Negotiate
- Estate (as in settle an estate)
- Bank Owned
- REO
- Foreclosure
- Investment
- Rate of Return
- Divorce
For my apartment deal I used the phrase “land contract” and found the deal that I eventually closed on that now makes me several thousand a month in investment income.
With craiglist being filled with dozens or hundreds of new real estate listings each day save some time and search only for the types of properties you’re looking for.
What are some other keywords you use on craigslist to find deals? Have you had any luck finding investment properties that you bought off craigslist? Share your story below.
