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- Bank Owned
- Recently Purchased
- Owner Occupied (with up to date taxes paid)
- Mortgages in the last 8 years or for amounts that are extremely higher than the house could be worth
So I am rookie relative to Real Estate investing but I would like some feedback on my current process and some of the issues I foresee facing. Currently I spend an hour a day driving for dollars (seeking out distressed properties). I then take those addresses and scrub them, removing..
I then move the properties that are remaining into a spreadsheet, I have 2 waves of marketing one for the beginning of the month and another for the middle, by July 1st I should have 100 total properties on my spreadsheet. I send mailers out once monthly. Now what about this process would you suggest changing or tightening??
I foresee finding cash buyers and a title company, that will be fine with closing with assignment, once I do secure a deal as an area of opportunity for me right now.
Any suggestions thanks in advance for whatever feedback you can offer.
And Go Blackhawks!!!!!!
- Jerome