In May, The Wall Street Journal reported that real estate agents and developers are hiring ride-share drivers from companies like Uber and Lyft to scout up-and-coming neighborhoods for potential properties to buy. Imagine having dozens of drivers passively working for you and keeping an eye on the very neighborhood you are interested in.
The drivers are already on the road and likely know the area they serve better than most developers. The tell-tale signs of overgrown lawns, notices on the doors or more blatant abandonment are all lead-worthy for the right investor. Investors know how to find a diamond in the rough, and it directly benefits those who can buy and flip it.
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