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WHAT IS A HOUSE HUNTER/LOCATOR?

A real estate investing term that refers to someone who spends their  time trying to locate properties with substantial investment potential. Usually, the intent is to find properties that are distressed and  selling at a discount that can be repaired or remodeled and sold for a  sizable profit. Sometimes, however, the term is also used to refer to  people who find underpriced properties that would make good income  (rental) properties. 
 
IS BEING A HOUSE HUNTER/LOCATOR FOR YOU?

Despite what many late-night infomercials promise, being a house hunter/locator is not a quick and easy way for the novice real estate investor to become the next Millionaire. Most successful house hunter/locator have spent years, or  even decades, working in and around real estate and have developed their  instincts about a property's potential.

For someone interested  in breaking into the house hunter/locator field, working for a more seasoned  investor may be the wisest first step. Many house hunter/locator work as  apprentices for a time, either receiving a commission or a share of the profits for the properties they help locate for experienced real estate investors. 
 
 

    Become a Property Locator

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