If you really want the best deals in
investment properties, more so in Kenya property, you have to increase your
odds by finding more deals. Who is more likely to get a cheap apartment
building, an investor that looks through the MLS listings and calls it a day,
or the one that uses ten resources?
Here
are some of the ways:
1. Talk. Let people know you are looking and sometimes the properties will come to
you. There are a lot of owners out there who want to sell, but haven't yet
listed their property.
2. Use the internet. Go to a search engine
and enter the type of real estate you are looking for, along with the city you
want to invest in. You never know what you might find.
3. Drive around looking for "For Sale By Owner" signs. Owners often
don't want to pay to keep the ad in the paper every week, so you won't see all
properties there.
4.
Find abandoned properties. That's a pretty clear sign that the owner doesn't
want to deal with the property. He might sell cheap.
5.
Find old "For Rent" ads. Call if they are a few weeks old. Landlords
are often ready to sell, especially if the haven't yet rented the units out.
6.
Talk to bankers. You might get a foreclosed-on investment property cheaper if
you buy it before they list it with a real estate agent.
7.
Offer someone a finder's fee. There are people that always seem to hear about
the good deals. Have such people coming to you.
8.
Eviction notices. If your local papers publish eviction notices, or if you can
get the information at the courthouse, it can be useful. A landlord who just
went through the process of evicting tenants is a likely seller.
9.
Old FSBO ads. If you call on two-month-old "For sale By Owner" ads,
and they haven't sold, they may be ready to deal. Owners often give up the
effort, but still would love to sell. Help them out!
10.
Put an ad in the paper. "Looking for investment properties to buy,"
might be sufficient to generate a few calls.
For
more detailed information visit www.kenyan-real-estate.com
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