Proven Methods of Finding Motivated Sellers For Free

[David Hartoon]

As the title suggests, what are some ways to find and market to motivated sellers that one can do without a budget.

Thanks,

David

[Tom Mole]

@David Hartoon, you may be hunting unicorns, but if you don't have a budget, then you don't have a budget. It's time to get creative.

First of all make sure that you know what you looking for. If you don't have money for marketing, I feel safe assuming that you don't have money to make the acquisition on your own. Talk to your cash buyers. Find out what they would like to buy, then go hunting.

Let's say you know what your looking for. Now whenever you're not home keep your eyes and ears open. You see a neglected yard, bad roof, peeling paint, etc. you make a note and follow up. Find the owner and ask him if he'd like to sell.

If you can raise a little money, buy a a few hundred business cards that say something like "Having a yard sale? I'll buy your house too!". Be creative or find a creative person to help you, then start having conversations with strangers (despite what your mom taught you when you were little). When that stranger asks what you do for a living tell that you buy house and hand them your card, then tell them that you pay referrals and if they happen to know anyone.......

Get a Google Voice number and use that in all your marketing. It's free! When that number rings you'll know that the call is coming from your marketing campaign. If it doesn't ring enough, you need to up your marketing game.

Seriously look to get involved in your community. Join the Kiwanas or Toastmasters, things like that. Volunteer to help put on the community lalapaloosa or whatever. Make a lot of friends, ignore the pissie people. Community involvement will help you become "known" in your area as a "great person". You'll make a lot of friends to strike up conversations with that will ask you what you do for a living. Each one gets a card. Pretty cost effective.

If you really put your heart into it, you'll think of lots of things you could do to get the word out. You live not far from @Brandon Turner, right? Perhaps you could ask him what works best in and around Seattle. Whatever it is work it and never quit, never slow down and especially never let discouragement keep you down. Remember, there's no crying in real estate investing! If you hunt long enough and hard enough, sooner or later you're gonna tag and bag that unicorn.