Many investors are looking to get started, and as active real estate experts in Augusta GA, we get asked to share our secrets quite a bit.
Fortunately, we love to share 🙂
One of the biggest questions we get from local investors is ” How do we find a good investment property in Augusta GA?”
With the flood of foreclosure, deals all but dried up (compared to where they were a few years back)…, and people have to get more creative in finding the best deals on great local Augusta investment properties.
We source our properties from a variety of marketing routes… online, offline, etc… so there is no one way that is the best way to find good investment properties in Augusta.
However, the info below walks you through some ways you can put into action to find great properties to add to your investment portfolio.
Most investors are afraid of competition – they think someone will steal their ideas from them if they share their secrets.
That’s not how we work. We work with other investors to accomplish things together that we can’t do alone.
We share our learning and philosophies here because we want to improve investment quality in Augusta to build stronger communities. Ultimately, we’re all investing in the same places, so it makes sense to do it right.
How to Find Good Investment Property in Augusta
A few core principles are important to understanding if you want to get the best investment property deals.
First, think long term.
Real estate doesn’t move like the stock market. It’s where people live, work, and play – not just numbers on a screen. It’s almost impossible to make a huge amount of cash in a short-term real estate deal; those come few and far between.
So don’t expect to get away with fancy tricks or that you’re smarter than those who have been doing this for years. Thinking long-term means learning from the past to anticipate the future better.
It also means that if you don’t find the local investment properties you’re looking for right away… just know that this isn’t a sprint… it’s a marathon.
That’s why it’s a great idea to find several sources of properties that fit your criteria (like our Augusta Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.
Second, focus on relationships.
The investment community in Augusta is much smaller than most people think.
Only a handful of brokers and investors conduct most of the business in the market.
They’re used to working with the same people regularly. It’s worth the time and effort to find them and learn from them. If you can, work with them. They’re your best source of good deals, now and in the future.
How do you get to know them? Go to your local REIA and find active people and talk to them. Ask them which real estate agents they use what wholesalers in the area are active (and get their info), and let everyone you can find know that you are looking for investment properties that fit your criteria. Learning how to find a good investment property in Augusta isn’t a hard thing… but relationships can be a key element in getting some of the best deals on properties that no one else has access to in the Augusta GA market.
Who should you get to know?
- A few of the top investment-friendly real estate brokers in Augusta
- A couple of real estate appraisers who deal with/ the types of properties you deal with
- The top handful of property wholesalers in the area
- The top handful of property rehabbers/flippers in the area
- Title agents who deal with investment properties a lot
Third, identify your target investments.
Investment is like many other aspects of life – the most focused people often succeed the most. You have to find your niche. Some people make millions just in parking garages or storage units.
Others specialize in residential apartments, while others deal strictly with retail. If you take the time to do your homework, you can analyze the different segments of the market to see which opportunities are truly the best for you – and not just the best marketed. Once you find exactly what you want to own, you can create a plan to find out who owns it and make sure they know to call you when they want to sell it.
This takes a lot of work, but it’s a tried-and-true method for creating long-term wealth.
Finally – use technology.
Sign up for our list of exclusive properties, and we’ll notify you instantly when we find a significant investment.
We frequently source properties for deep discounts, secure them and then sell them for a discounted rate to the people on our list who are ready, willing, and able to invest. There are other ways to get notified about properties on the open market – you should get familiar with searching the multiple listing services with the rest of the herd because every once in a blue moon, a great deal shows up.
We don’t deal with average deals – we only pass along great deals to our partner investors. We’re not real estate brokers, and our business is a niche within Augusta.
If you want to invest in Augusta seriously, we’d love to chat to learn your wants, wishes, and objectives.
So, hopefully, you now know how to find great investment properties in Augusta. If you have questions, call or join our buyer’s list below!