New investor looking for motivated sellers!

New investor looking for motivated sellers!

Investor · Fort Worth, TX · Member since 2015 · 10 posts · 0 votes

Hello,

I'm new to biggerpockets and am a new real estate investor. I'm very confident in the processes and systems I've learned in order to get where I want to be. Though, I've hit an obstacle. I need to find motivated sellers!

I have a list of a dozen different online list sources that can provide me this information. Unfortunately some of these websites are very pricey, wanting anywhere from 40$ - 600$ per list! Times that by 12 and I've already dug a pretty big hole.

Any advice on finding motivated sellers for cheap or for free!? So far I am aware of using bandit signs, driving through neighborhoods, and going up to the court house and browsing through records. I know of 2 great realtors that I could ask for expired listings also. Any other ideas or advice for finding motivated sellers inexpensively?

Thanks for your time,

Joey Harper

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  • Rental Property Investor · Rockwall, TX · Member since 2015 · 891 posts · 701 votes
    11y
    Originally posted by @Joey Harper:

    Any advice on finding motivated sellers for cheap or for free!? So far I am aware of using bandit signs, driving through neighborhoods, and going up to the court house and browsing through records. I know of 2 great realtors that I could ask for expired listings also. Any other ideas or advice for finding motivated sellers inexpensively?

    Thanks for your time,

    Joey Harper

    Driving for dollars is probably the most effective and lowest cost of the options above. I think it gives you the greatest chance to find a property which is not on anyone's radar and the highest probability of getting a great deal. The downside is that it is also the most time consuming of the options. 

    -Christopher

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @Joey Harper

    Welcome to Bigger Pockets community. Be sure to check out “Learn” for all kinds of useful resources and free how to guides.

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