Effective Ways to Find Best Property Deals
People often have capital and investment to buy a property but they can’t find any good deal. Nexthome.pk today shares to focus on the second question here how to find best property deals in Lahore, especially Bahria Town. If you find a good deal, you can find the money to back that up. In other words, if you find a great deal, you should be able to find a way to put it together. So really, everything comes down to finding a deal.
Explore MLS
The first thing is the what’s called deep MLS. It stands for the Multiple Listing Service. Now maybe you’re familiar with that or not. The Multiple Listing Service is basically where agents put their properties for sales. So if you’re a real estate agent, you will have to explore a list it for sale on the what’s called the MLS. Now of course, that’s where most property buyers in Pakistan go to look for deals in Bahria Town. There’s a lot of properties there, but there’s a lot of people looking as well. So if you want to do good on the MLS, Nexthome.pk portal is one of the List.
Find a Reliable Property Agent
We would recommend finding an investor-friendly agent as great move to buy an apartment for sale. You must make sure to reach an investor-friendly agent. They can help you find the best deals that are out there because they understand what you’re looking for.
Spot Hidden Potential
The third tip is look for what’s called a hidden potential. Now hidden potential means you’re looking for things that nobody else sees in a property. For example, when you look at a property, you might want a three-bedroom to do well in my area, both for rentals and flips. And so you want a three-bedroom apartment or two bedrooms though that have a lot of square footage because maybe there’s some hidden potential in that other room. Now you need to look for fixer-uppers, fixer-upper, obviously, something that needs to be fixed up.
Drive For ROI
Let’s move on to number four, on time with something called driving for ROI. Now driving for ROI (Return on Investment) is this idea where you get in your car. And you go out and you drive and you look for vacant properties. Now, what does a vacant property look like? Now, you might be looking for something that has overgrown lawn. Like up to your waist or even like, you know, up to your shin.
Subscribe to Mail Alerts
Let’s move ahead to number five, something that a lot of experienced investors are doing today. And it’s something called direct mail marketing. Direct mail marketing is something done in a lot of different industries. They send out thousands of letters hoping that a few people will call them to sell their property, and then a few of those calls will turn into sales. So you might receive hundreds pieces of mail, you might get 30 phone calls, 20 phone calls, 50 phone calls to finally have the best property within your budget.