How Real Estate Investors Find Motivated Sellers

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor.. Today I've got a quick video on a number of ways you can find motivated seller leads in your area…

Public Records: Court and Tax records

  1. Bankruptcy – County Court Records
  2. Code Violations
  3. Condemned Houses – if you are just driving around and see a house that's boarded up (write down the address and look it up on the tax records).
  4. Delinquent Taxes – distressed sellers – County Tax Records
  5. Divorce – Distribution of Joint Assets
  6. Out of the area owners & Non-owner occupied (Title Companies & Pub recs) (Property Management Co/R)
  7. Pre-foreclosures/ Behind on payments – County Court Records
  8. Probate – Death in the family – hassles of dealing with assets

Realtor:

  1. Expired Listings – Great for identifying home owners who might be willing to try creative options
  2. Homes by Neighborhood/Subdivision
  3. MLS searches for specific terms – motivated seller, Price Reduced, preforeclosure, reo, etc.

Online:

  1. Craigslist, FSBO and FRBO sites, etc.
  2. Market Price—Homes Above or Below a Price Point

Misc:

  1. Homeowners 65 years or older – free and clear – looking to move to smaller home.

You will be able to find over 90% of this list from your Agents, Free Public Records, or simply Online Pubic Notice Classifieds. Obviously, you will not be able to target all off these, but I wanted to give you an idea of the many ways to find motivated sellers in your area. If you target the top 3-5 for the type of investing you are interested in, I guarantee you will be able find NEW motivated seller leads. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing.

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