I’ve written many posts on how to find real estate leads. But I get this question so often that I’ve decided to write another short list on things you can do at any time to speak with sellers and buy properties.
- Call individually to sellers – the more sellers you speak with, the more practiced and experienced you become. You can never speak with too many sellers.
- Call for-sale-by-owners — from signs as well as sites like forsalebyowner.com.
- Call sellers on Craigslist.
- Call all “we-buy-houses” bandit road signs and discuss that you want to buy from them and sell to them.
- When going on appointments to meet with sellers, drive the neighborhood looking for distressed properties.
- Call for-rent signs and sellers on sites like ForRent.com – looking for burnt out landlords wanting to sell.
- NETWORK (of PRIMARY importance!!!) Do people know what you do? How do they know?
- Attend all local REIA meetings – find yours on NationalREIA.org.
- Attend all local real estate investor meetings – find yours on MeetUp.com.
- Attend any local landlord association meetings – they buy properties.
- Talk with real estate agents – tell them to call you when they find a property too distressed to list.
- Talk with real estate attorneys – they know people who are in trouble and may need to sell.
- Go to yard sales and estate sales – are they selling the house?
- Talk with building inspectors – is anyone selling?
- Talk with City & County Inspectors: ask about code violations and red tags. When we develop a reputation of buying distressed properties and improving them, we become an asset to the community.
- Condemned Houses: many counties will provide information on these properties. Being condemned Does NOT mean they need to be torn down.
- Use vehicle signage or wrapped vehicle.
- Let your postman know what you do! (they know everyone’s secrets…)
- Let property management companies know you buy houses – they know landlords ready to sell.
- Contact county offices to find Section 8 landlords – these landlords are often ready to sell.
- Talk about what you do on all your social media platforms.
And don’g forget to attend your local Deal Maker Session meetings – groups of investors getting together monthly to buy and sell exclusive (non-MLS) wholesale deals.
There are always properties for sale and always deals to be made. Are you actively looking at all times?What have you tried that’s not on my list?
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