Real Estate Investors: How To Search For “Diamonds in the Rough”

If you're a real estate investor in the DC metro area including Loudoun County, you're most likely looking for the "diamonds in the rough" in the local area that will provide you with the greatest future return on your investment. Well, thanks to FranklyMLS.com and Jeff Royce, author of Our Fairfax, there is a good tool available to real estate investors looking for potential "diamonds in the rough" and a video tutorial on how to go about using it.

In a nutshell, it works by comparing the asking price to the assessed value of properties for sale. The greater the difference between the two, the more chance there is of the property being a great deal and investment.

You can narrow down your search by the type of property, price range and geographic area all the way down to a specific subdivision by using keywords. You can also search for only REOs or short-sales or only one or neither.

To see how it works and how to do it, check out Jeff's video tutorial on his blog, "Our Fairfax".

Related Articles

How to Find Out About the Best Real Estate Deals in Loudoun County

Loudoun County real estate market statistics