Short excerpt from a YouTube video ("Finding Better Deals" by Mark Simpson) where the speaker describes tools and tactics for sourcing real estate deals. The speaker mentions using Hospitable and PriceLabs for management/tech, heavily leveraging the MLS for single-family deals, and highlights that listings with poor/terrible photos on the MLS often indicate opportunities to negotiate better deals.
In terms of our management. We use hospitable and Price labs in terms of tech to help us find deals. Being a real estate agent, I do a lot of MLS looking use the MLS a lot. I would say most of our single family deals have been just stuff that was on the mls. My favorite thing for finding potentially undervalued deals, or maybe not necessarily undervalued, but things that you can get better deals on on the MLS are are properties that have terrible photos.
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