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