Also, late on real estate taxes and late on paying mortgage. Both are hard to find or buy leads making them less crowded. Absentee is insainly crowded. You need to add some other stress factor added to not owner occupant (absentee) like vacant and / or vacant AND late on taxes or mortgage. This is where the big guys with $$ to pull many lists and do the mash up can cut through where no budget small timers have trouble getting calls and deals.
Best method to find motivated sellers is always: Door knocking run down looking houses, FSBO sign out front, from a list of 30-60-90 days late on mortgage list.
Google: 30-60-90 days late leads
I just bought 1000 leads from citricato, around $0.35/ea which is cheap vs other sources.
No simple source of late on real estate taxes so I subbed to Tom DiAngostino's tax lien system, just to mail the late on tax info in his system. No stats on any of these.
One thing a small timer, sole investor has a problem with is too many tasks, not enough hands or hours in the day... Focus like a rifle on just one thing, get it done, learn what you can and refine. Multi tasking rarely gets you deals. I suggest becoming an expert in door knocking. Sounds odd until you do some research into effectiveness of low budget and hours in getting deals. You are face to face with potential sellers from the first minute the door opens. Learn what to say.
Aloha, Julian. I do a lot of deals in Hawaii. The marketing and types of motivated sellers in Hawaii are basically the same as elsewhere - pre-foreclosure, probate, absentee or out of state owners, divorce, etc. The key to marketing is consistency, i.e. mailing to your leads every month for at least 4 months.
If you find something good, I'd be interested in buying the contract.
Also, late on real estate taxes and late on paying mortgage. Both are hard to find or buy leads making them less crowded. Absentee is insainly crowded. You need to add some other stress factor added to not owner occupant (absentee) like vacant and / or vacant AND late on taxes or mortgage. This is where the big guys with $$ to pull many lists and do the mash up can cut through where no budget small timers have trouble getting calls and deals.
Best method to find motivated sellers is always: Door knocking run down looking houses, FSBO sign out front, from a list of 30-60-90 days late on mortgage list.
Google: 30-60-90 days late leads
I just bought 1000 leads from citricato, around $0.35/ea which is cheap vs other sources.
No simple source of late on real estate taxes so I subbed to Tom DiAngostino's tax lien system, just to mail the late on tax info in his system. No stats on any of these.
One thing a small timer, sole investor has a problem with is too many tasks, not enough hands or hours in the day... Focus like a rifle on just one thing, get it done, learn what you can and refine. Multi tasking rarely gets you deals. I suggest becoming an expert in door knocking. Sounds odd until you do some research into effectiveness of low budget and hours in getting deals. You are face to face with potential sellers from the first minute the door opens. Learn what to say.
As to Michael Borger mentioned, that's a great way to start finding motivated sellers. Another area that would be beneficial would be our local HIREI, they meet every first Thursday of every month. Great place to network meet like minded people, from experienced to newbies. People there are willing to help. Good luck