17 - Live Coaching Session - How to Find Deeply Discounted Properties Using the Driving for Dollars Mastery System

Jul 29, 2021

Layton Erickson is one of my students, and he is moving from North Dakota to Minnesota. He wants to know where to start in a new market. Tune in if you’re transferring your wholesaling business to a different area or if you’re just starting out in real estate.

In this episode, I help Layton identify where to find off-market discounted properties using the Driving For Dollars Mastery strategy. We discuss his options, considering that he will be living in St. Louis Park. I also present the advantages of taking my course.

Key Takeaways

• Towns and suburban areas that are in the outskirts or within 45 minutes of metropolitan areas are low-hanging fruit
• Why you should avoid neighborhoods where 30-50% of the houses are boarded up
• You can know your area enough by driving around or using different tools
• Look up median house prices in your area and find deals in lower-end neighborhoods
• Have consistent marketing

Resources

• Driving For Dollars Mastery
• Zillow
• DealMachine