Whether you are a seasoned investor or just starting out, knowing where to find investment property is one of the biggest challenges facing real estate investors. Online websites are a great place to search for property. They allow you to view properties from all over the country from the convenience of your computer. Here are seven websites that could prove very helpful in conducting your search.
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The first useful feature is the ability to search for sales comparisons in a targeted area. You can type in an address and other qualifying criteria such as price, square footage, date of sale, and number of rooms, and it will provide you with a list of comps for that area. This can help give you an idea of the potential value of an investment property.
Another useful feature is the ability to search property records in a targeted area. You can search by type of investment property, owner information, tenant information, or even tax information. You can also isolate your findings to show only pre-foreclosure listings or REO/bank-owned properties, which are great finds for property investors because they can be bought at substantial discounts.
Another valuable feature is the local info section. This gives local real estate market trends for a great number of cities throughout the country.