Veteran property investors know that there is a variety of ways to finding the best properties in which to invest your hard-earned dollars. Some property investors search for foreclosures, build friendly relationships with bank employees and the clerks at city hall who are aware of which properties will be selling soon. Some investors choose to run an ad in a local newspaper and others work with local real estate agencies that constantly look for investment possibilities.
Learning From Others
Many seasoned property investors recommend that you join a local property owners group in order to make 
the best contacts in the market. Several websites on the Internet provide links to local associations who can help.
When you get started investing in the property market, all of the other investors will seem to just show up and through networking and investor meetings you will be able to find out which properties are for sale and which are the most profitable. You will also be able to learn from others who have been investing in the property market for many years and may have learned a few tricks that they are willing to share with you.
Other Methods To Find Investment Properties
You may also want to try to approach property owners directly to see if they are interested in selling their properties. Another effective method for locating profitable investment properties is by calling the numbers that are found on the property advertisements in the classified ads. Drive around neighborhoods to spot “For Sale” signs. You should indeed make it a point to talk with any experienced property investors with whom you are already familiar or know on a personal level.
Just imagine that you are looking around and happen upon a property owner who has owned the same property for several years and is ready to sell. You may even be able to find these individuals before they advertise the property, giving you an added advantage.
Property Options Australia
Property Options Blog © 2006 – 2009
Hi Sean,
It’s really important to network and build relationships with like-minded people. I think the more willing you are to work with other people and help them out where possible; the more likely you are to succeed.
Sooner or later you’ll come across a great investment property that isn’t right for you. If you pass it on to one of your network, there’s a good chance they’ll return the favour somewhere down the track.
Just being able to talk to people and listen to what they have to say is a huge advantage. People will reveal all the real estate deals they know if they believe you are truely interested..and of course they dont want it for themselves.