This is the property finder segment, one of many. This is why and how I use the internet to do my <a title=”AffordableREILeveraged Analysis Technique www.affordablerealestateinvestments.com” href=”https://www.affordablerealestateinvestments.com/leveraged-analysis-technique/?rel=author”>Leveraged Analysis Technique</a> of finding properties working class neighborhoods (WCNs) within any geography for rental property income. This search for real estate focuses on three Crucial Criteria 1) Searching the available Crime reports 2) Viewing the most Photos per MLS listing and 3) Noting average Rents for that address. I call this CPR for Crime, Photos, and Rents. This will hopefully take any fear of buying a rental property or solve the question of where to find a house.
The following post will be a a demonstration, using a screen capture, of what criteria I employ before even leaving the house, to find out if I want to invest in that property. So stay tuned! So much information is on the internet, I have used a method that take in the key most important factors that really determine a person’s perception and comfort level. This may seem like common sense, but it has come from 4 years of experience and I think is a valuable way of diagnosing an investment using sound techniques. Please use this as an investment guide that can start you on your way to success.
88 Comments
GREAT STUFF SHOW ME HOW FIND 30000 IN BRONX NY LOL!
I been in real estate for a year..and I must say you are the real deal
You’re awesome! I’ve learned a lot from your videos these last few days,keep it up!
I love how you’ve grown in your videos! Good job!
After watching this video I’m learning a new mindset
Good. No one should keep working jobs they hate, when they can navigate their way through real estate investing to get there.
Great find, my wife and I are looking to get started this year.
I am in the DC metro area. My rental property is in South Carolina. What is
the best local area to get started in? I heard the rental laws in DC are a
nightmare. Is Baltimore, PG County or Southern VA a better option to start
local?
Love it !! I’m starting from the very beginning. Watching all of your
video. They are excellent.
I am so inspired. I believe your method in investing in real estate is
very achievable. My goal this year will be to save for my first investment
home. I’m currently a homeowner but will (as you stated) “work hard the
next 4 years” to have an investment property per year. You’ve truly
blessed me and I’m very proud to have received this information from a
sister. Not many people give back, so I salute you for doing this kind
gesture. I too, hope to be where you are and not worry about my job
security or constant income. Thank you again!
Great episode. I’ve had some success using zillow but I’ll try yahoo and
realtor.com also to see if the search options are different. With zillow
they tell you the sale price history which I think could be helpful in
determining a starting offer price. It helps to know what the prior owner
paid to get it vs what she’s asking now.
I am a big fan of the 20-50 mile radius searches, thats how I consistently used my Leveraged Analysis Technique for find these properties. Works like a charm each time, but there is nothing wrong with leveraging Zillow information to get the title history for better offers! Thanks Douglas – Because of you, I am looking to make an online forum for Sub30k talks. That way, we can share, advise, grown and help each other in this overlooked market! Oh, and cash flow!! Thanks, and if you don’t mind, I will be in touch with you!
I’d like to say you are a blessing!!! Quick question, do you participate in
Section 8 and if not, do u plan on doing so?
This was a fantastic explanation of how to find quality investment
properties. I’ve used the techniques and we are ready to begin making
offers. Thanks Lisa!
This was a fantastic explanation of how to find quality investment
properties. I’ve used the techniques and we are ready to begin making
offers. Thanks Lisa!
Great videos Lisa, very helpful. Definitely adds to the analysis I had already come up with and will be infinitely helpful for me staying in the right neighborhoods in my new market of Richmond as I am just down the street from you! Thanks for taking all the time to put these free videos together, you are definitely a worker!!
Hi Dawn. Love the videos. Do u hold one on ones over the phone or via
email. Super excited about getting into real estate and i love the fact
taht you look for 30k properties. It makes so much sense as i was telling
my wife the same thing. Is email good for u as we need to speak to u so u
can better understand our situation so u can better guide us. Thanks
Jason
Yes, go ahead and send an email!! Thanks, and take care
I’ve truly enjoyed your videos and you’re doing an excellent job explanating your approach to finding affordable
properties. I’ve recently used your techniques to analyze a foreclosed property I was looking at purchasing.
I look forward hearing more and engaging you in some one on one dialogue.
Gladly! Email lisaphillipsrei@gmail.com if you haven’t already, and let me know what you’re interested in getting advice on. Thanks
As a real estate agent the only difference between you and I (or any non
agent) is my access to information, forms, contracts, protection, and
licensing to perform any duties related . YOU DONT NEED AN AGENT. Its a
great ideal to have one, but if you already have capital, contacts
(contractors,banks,inspectors,appraisers,lawyers etc) thats all that is
needed, and as you are doing,you can be successful when making
investments.The biggest thing I do as an agent is provide information and
contacts. I think you should do a video on the +’s and -‘s of using or not
using an agent
very good comments. I checked things out in my own city which is a very expensive city and suprirsed to find houses for $60k and in Newark for $77k for a 2 family. I never knew these numbers even existed prior to listening.
Yes, I was quite surprised no one was jumping on them, they are so affordable, and not all of them are in a bad neighborhood. You can easily check online, its the reason I started this vlog: Give everyone a fair chance at learning exactly how to take advantage of the opportunities. Just be cautious in NJ, some neighborhoods are dicier than others.
Hey Lisa, this was some great “layman-term” How-to tools you’ve provided
here! Thank you so much! Now I can really hit the ground running.
This is awesome material. My office is about 20 minutes from Baltimore City and I’ve seen a TON of houses up there working with a couple clients from the city.
My issue was figuring out financing for my own investment ambitions so I’m excited to have come across this site.
I am a licensed real estate agent so I have access to the MLS, comps, as well as property access which is an added benefit for me.
I look forward to learning more and plan to purchase my first rental property within the next several months using the techniques here.
Thank you Justin! And once you have, PLEASE come back and send me an email. Its always great to hear about other investor’s experiences.
im loving it im ready to get started… Question is it a such thing as no
money down investing
This was very informative. Thanks. I am a wholesaler in Texas but I dont
buy in bulk. I am very interested in getting some rental properties in my
portfolio. I really just wanted to say thanks and please continue.
Invaluable information, thanks you Lisa! What made you decide to be strict
at 30k? ..So if you see a great property at 40k will you pass it by?
Your A1.info and attitude
Is there such a thing as houses under $30k in southern California?
Everything that I have seen so far in that price range is a mobile home.
Great Video!!! 😀 A lot of useful information…. These properties that
you’re searching for at the 30k mark or less… are they foreclosures?
Great videos! Thank you!
You are so cool – THANKYOU for what you are doing – ITS really making a big
difference to me !!! Im starting out & you are making it less daunting —
BEEN watching your videos everyday this week —
Good work keep it up
I’ve watched prices rise by tens of thousands of dollars, so started
thinking this is something I’d have to wait another 5-10 years to be able
to afford to so. I never considered buying in other areas/states.
This is totally awesome video ! Thks
If you invest 30k into a property whats the most you want to put in it for
repairs?
Great video, as a real estate agent what you say is very true. Thanks for
making me realize that instead of breaking my investment budget on one unit
and stressing out about rent i can spread my money out and still have a
cushion for the vacancies.
Good stuff I like it
Great videos Lisa, I have been thinking about investing in real estate for
a while now and your videos and posts are REALLY, REALLY, REALLY helpful.
Thank you very much. I plan to watch every video you’ve posted.
How do feel about real estate investing in Jacksonville,Florida?I see alot of cheap properties here..
I LOOOOOOVEEEE YOUR VIDEOS!!!!!
I love the videos as well as the information! I’m in Atlanta and I have
been wanting to do this for a long time. Just not sure about financing
options. Is there a finance video?
thank u !!
Awesome information thanks so much xo
Watched a few videos so far and it does actually help a lot. It made me
think about renting slightly different and the fact you can tell you’re
just speaking from experience instead of reading off a prescripted paper
makes a huge difference. You’re cool
OMG I live in Falls Church and want to dive into this too! You are my
INSPIRATION! I’m not gonna be scared of Baltimore! Field trip this weekend!
🙂 I hope to see you around the neighborhood!
Wow, very useful content, I took a page full of notes just from this Vlog!!
Ms AffREI thanks soo much for your sharing and giving back. Im getting
started and gathering info and your candid advice is appreciated
I really appreciate your advice on investing. I plan to purchase my first
investment property this year. Thank you.
Thank you
thanks for the information about crimereports
OK so what can you tell me about So Cal. inland empire?
Feels like I’m a beginner….which I am….And I am growing in knowledge as
we go!
One comment on the crime stats. I had an agent a while back tell me to call
the sheriffs office of that county and ask for the call records department.
I ask them to check for one year all the reports made by police on that
street. Now i have the guys on speed dial =) I only use this way when I am
very serious about property because asking about every property isn’t very
practical. Good video.
Great information
Thank you again! I did enjoy Episode 1 and I look forward to hearing more .
Thanks again. I’m looking at a property around 10.000 dollars; I do need
help find out how to finance the deal ; by owner occupied !
Hi THERE !
So far I have not hear one thing concerning where to go for financing a
property .
Would you know HOW & Where a person can go for financing ?
I am currently preparing to follow your track to success! Very eager but
also cautious and trying to look at all angles of this form of investment.
Your videos are very real/not over-glamorizing for the investment and
informative. Please keep the content coming!
thank you, sir!
Hello. Thanks for the video. I am a Realtor and investor in MA. I am
looking to invest in the states you mentioned because 30K in Massachusetts
gets you maybe a shower. The whole bathroom if your lucky…lol. I have
cash and credit. I am interested in your opinion investing in states that
you don not live in or near.
omg i love you series soo far!!! where could i go to be more connected?
my newsletter, and by sending an email if its urgent: lisaphillipsrei@gmail.com
crimereports.com is brilliant – I wish I had known about this site waaaay sooner. How do you feel about condos versus single family homes?
Thanks! I will always prefer single family over residential. If you’re on my newsletter, you will see my exclusive videos detailing why! I will take a condo if there is NOTHING else thats a good deal, but it can seriously mess up your real estate investing game.
Love your approach..very candid and insightful..you r my new friend in my
head!
Hi Cooper!
Thanks! My newsletter has exclusive videos, and is the best way to make sure you’re not missing something.
Awesome. Thanks for taking the time! Guru’s ask you to raise the limit on your credit cards to buy their training! Your content is the real deal!
Lol, ah, that’s so not the way to do business. Real Education doesn’t have to cost 1000s. Take care, and good luck!
I have a question I would like to know If i have 50k in cash do you think
its a good idea to buy a apartment in the city thats 1 bedroom and then
rent it out ?
Lets say iam from new york city you think it would be a good idea to invest
in another state do you believe i should stay in my area?
also taxes lol i have so many questions dont they tax you for maintenance
and things like this i remember tried to pitch me in to wholesaling not my
type of business
Great video
New to Channel and I appreciate all the information you are providing.
Thank you!
Very Nice Video series, I am enjoying every bit of it and learning with
each video.
Very soon I might start asking you some questions that are popping up in my
mind, hopefully you can answer them if time permits.
hey Lisa, I enjoy the videos. I am a college student and was wondering if
it will be wise to invest in a 30K house near me and rent it out. Now, I
can either convince my parents or use my student loan. What do you think?
you are the best,I enjoy your content.look forward to more information from you so helpful you will never know how much. you remind me of my sister. thank you.
Thank you for believing in what I am trying to share.
Lisa
Great video. I use to think about staying in a small area to hit properties easier all at once. But that means missing out on good bargains in other areas. Thanks
yes, i’m all about going outside of your zone to get the best monthly income.
Great information. I live in southern California which is difficult to find properties for 50k. What is the best approach to buying a property and rehabbing out of state?
Its a series of simple steps to do it (Analyze nearby markets, vet contractors appropriately, analyze the right properties). However, that’s a big question that I lead my clients through, I couldn’t possibly answer a question like that in the comments section due to length of reply and the different caveats to mind. I do go over it in my Sub30k Private Video Collection, and step by step with my Sub30k Income Training.
Thank you Lisa I’ll check it out.
Hi Lisa,
Thanks Good advice.
So excited to have found your website! I’ve been putting off buying a rental property for a year now, out of fear. And you’ve totally given me the courage to make this happen. I live in Columbus, your old stomping grounds.
Thank you Brandy!