Real Estate Investing Mastery Podcast

How to Pick a Virtual Real Estate Market with Gavin Timms » Episode 1047

08.30.2021 - By Joe McCallPlay

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Doing real estate deals online is amazing. It allows you to make deals from anywhere in the US. But it can be overwhelming to try and pick a virtual market to get started in. Literally, everyone overthinks this. And I get it. When you look at a map of the 50 states, it’s a lot of ground to cover. Where do you even start? Well, the trick is to start small and grow from there. The best areas to start your marketing in are the areas you already know. That means the area you live in, where you grew up, and where you went to school. If you already know something about the neighborhoods, you’re going to be at an advantage when it comes to doing your marketing. And if you have friends or family in those areas, all the better. They can go look at properties for you and help with the boots-on-the-ground stuff that you may not want to pay someone for yet. Once you’ve gotten some success, scale up your operation into the surrounding counties. Then, you can grow on your financial gains and expand into bigger markets. Remember, the only thing that changes in a higher-priced area is the prices. Your strategies and skills stay the same. What's Inside: —How to avoid being overwhelmed when choosing a virtual market. —The best area to start in is the area you already know. —Use friends and family to help with your groundwork. —How to build on your success and grow into newer, bigger markets.

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