PART 2
Start with the neighborhood the deal sits in.
This is where I start on a deal I am trying to dispo. I pull the neighborhood name off the record, filter the map down to that neighborhood, and work out the turnover rate. Then I look for flips and find out who the flipper was.
The neighborhood name comes from land details.
Open the address search bar above the More filters panel.
If you already have a deal that you're trying to dispo, you're going to search the address of it. The filters panel is open here with Property Details and Lot Details showing, and the county is already set in the bar at the top.
So the first move is just typing the deal address into that search bar.
Copy the Neighborhood value from the expanded Land details.
Land details opens up and down here you see neighborhood. It reads Kemp Forest Dr, so I'm just going to grab that.
Then underneath my more filters, I'm going to go to neighborhoods and paste that neighborhood in there. That's just going to get me down to the neighborhood that deal's in.
Click apply on the Neighborhoods filter.
The map and the list redraw to just the Kemp Forest neighborhood. Everything else in the county drops off.
That's kind of where I start on any deal I'm trying to place.
Read the property count above the neighborhood list.
You got 1,400 properties inside this neighborhood. That total is the bottom of the math I'm about to do.
Next I look out the last twelve months to see how many of them have sold.
Read the sold count after applying the date.
We've had a 138 properties that have sold. So 138 divided by 1,400 gives us nearly a 10% turnover rate.
So it would be assumed that at a 10% turnover rate in neighborhood, there should be flips that have happened here.
Turnover math
The neighborhood turnover rate is nearly 10%.
Go back to More filters with Property Details showing.
There should definitely be some flips that have happened here and some investment activity. What we don't really know at this very moment is, is this a flipper neighborhood or is this a buy and hold investor neighborhood.
So the next few picks in this panel are what answer that.
Go to Property types with the neighborhood list still showing.
The map and the property cards on the right are still the whole neighborhood, and property types has nothing picked yet. We're doing this as a team on our leads before we put things under contract, just to know.
Whenever we're doing marketing I already do my market analysis, and I find the neighborhoods that match these criteria. If I have investor activity here, then I'm going to start farming these 1,400 properties.
Switch Property types to single family residence.
That removes some properties off the list, because we're going to assume I have only single families. The count on the list comes down and the price markers thin out.
So now I have the county, I have the single family residence, and then I have the neighborhood.
Open Owner details and check the Cash buyer dropdown.
Cash buyer is sitting on Any here, with Financial Details right underneath it. There's a couple different directions I can go from this panel.
One is switching cash buyers to yes, then going back to last sold date and back to say January. That gives me six months, eight months of coverage, and I can see how many cash transactions have happened in that area.
Set last sold date back to January and apply.
That shrinks the list quite a bit, but we do see that a couple are pending right now. Pending matters, because those are live transactions in the neighborhood.
And what we want to know now is how many of these are a property that sold because a flipper just finished flipping it.
Scroll past the Neighborhoods field toward financial and transaction details.
The filters panel still has Kemp Forest Dr, TX in the neighborhoods field, and the investor transaction type is further down. So we're going to scroll down to our financial and transaction details.
There I use investor transaction type and choose flip. What that's telling me is the property was bought and sold in the last eighteen months, and it sold on the back end since January.
Open the record and find the History tab.
The details panel shows the MLS status and the price, with the tabs across it including History. History is where the transactions sit.
So we're gonna open up our record and click on history.
Scroll the History tab down to the mortgage rows.
They got a loan on it, and it's from a private money lender, Holly Nguyen. So the buyer is G and F Homes LLC and they borrowed private money to do it.
Oftentimes I'll just search that address to look and confirm, based on photos if they're available, was it flipped or not.
BEFORE YOU MOVE ON






















