I have a list of abandoned properties that I found driving for $

I have a list of abandoned properties that I found driving for $

Tulsa, OK · Member since 2016 · 119 posts · 23 votes

Hello Everyone, 

   My name is Joseph from Tulsa, OK. My current job requires me to drive around Tulsa. Mostly in residential neighborhoods. I found 20 homes that appear to be vacant. I would like to start off wholesaling these properties. I honestly do not know where to start besides researching the current owner(s), property owner address, and property taxes. Can someone please direct me in the right direction? Thank you in advance. 

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Real Estate Entrepreneur · Owasso, OK · Member since 2015 · 220 posts · 154 votes
7y

@Joseph Abbott, other good options include:

  • Partnering with a local investor to take you through the ropes
  • Talking to the neighbors of the abandoned properties to see what they can share with you
  • Working with a Title Company (if you have one you work with) to research the property, ownership, and liens

Good luck, let us know how it goes, and reach out if you need help!

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  • Real Estate Agent · Santa Rosa, CA · Member since 2018 · 35 posts · 20 votes
    7y

    @Joseph Abbott

    Check out your local tax records to find out who owns the properties then hire a freelance skip tracer to get you the correct contact information of the homeowners. Find the correct mailing address and reach out through direct mail or call them directly if you can get ahold of there phone numbers. Good luck!

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Thanks for the reply! I'm thinking about using the Tulsa County Tax Roll & white pages. Do you think that will work as good as a skip tracer? 

  • Tulsa, OK · Member since 2017 · 64 posts · 9 votes
    7y

    Upwork is an online site that has solid Skip tracers. Just give them your list and they will give you phone numbers, email addresses, and anything else you need. But like mentioned above, you can pull the names of the owners of these properties on the tax assessors website. Just do a property search. Good luck!

  • Real Estate Entrepreneur · Owasso, OK · Member since 2015 · 220 posts · 154 votes
    7y

    @Joseph Abbott, other good options include:

    • Partnering with a local investor to take you through the ropes
    • Talking to the neighbors of the abandoned properties to see what they can share with you
    • Working with a Title Company (if you have one you work with) to research the property, ownership, and liens

    Good luck, let us know how it goes, and reach out if you need help!

  • Tulsa, OK · Member since 2016 · 25 posts · 11 votes
    7y

    ALso check out the New App Deal Machine, they are also a recent sponsor for BP. it allows you to take a picture of the home and send a personalized post card while youre sitting in front of the home with your preloaded info

  • Specialist · Carlsbad, CA · Member since 2018 · 1k+ posts · 638 votes
    7y

    Consider attending your local REIA meetings. These meetings present opportunities for learning and networking. However, if you are able to find a good deal, investors are soon to follow.

    Good Luck!

  • Stilwell, OK · Member since 2018 · 7 posts · 1 vote
    7y

    Fast People Search sometimes works well if you have the owners name. It's free to use but doesn't always produce results. I may be interested if you find some good deals. 

    Dealmachine is pretty good at providing owner details, they also have skip trace and mailing options. If you decide to try it out use promo code NJYVLM and we'll both get $5 credit for mailings.

    I'd be glad to meetup and talk about working together if you're interested.



  • San Antonio, TX · Member since 2019 · 40 posts · 14 votes
    7y

    How do you set up a contract? What stops the owner, once he realizes that there is interest in their house, from just posting it themselves on sites like craigslist? What if you go under contract with the owner but there is no interest from investors?

    I drive around residential areas for my job too and have a list of vacant houses,owner's names, and addresses laying around. Haven't sent letters out because I wouldn't know what to do if I got a response from someone saying they are interested in selling.

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Thank you @Jamie. I will look them up. 

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Thank you @Michael Slockers. I will reach out the neighbors of those properties to see if anyone has heard or seen anything. I never thought of reaching out to Title Company. Would you be willing to show me the ropes? Thank you for this information. It really helps.

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Hello @Samuel Fowler

       I heard of Deal Machine while listening to Max Maxwell. I need to check that app out today. Thank you. 

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Hello @Ehsan Rishat,

    I started looking the Tulsa REIA. There are a few on the days I work. But, I will work around that for sure. Thank you.

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Hello @Wayne Caviness,

       Thank you for that info. I will download the deal machine app. I'll also use that promo code. Most definitely. I'm interested. 

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Hello @Jose,

       Those are some great questions. Honestly, I do not know that answers to them, but hopefully some of the knowledgeable Investors can lead you in the right direct. In my opinion, before we call or send mailers we should have a basic knowledge about the property. We should look up the potential After Repair Value, current value and current taxes, liens, etc.

  • Rental Property Investor · CA · Member since 2018 · 225 posts · 180 votes
    7y

    @Joseph Abbott DealMachine gives a 14 day trial, you can search them for free.

  • Real Estate Entrepreneur · Owasso, OK · Member since 2015 · 220 posts · 154 votes
    7y
    Sure we can talk about it. Message me and I'll get you my phone number. A ten minute phone call will probably be enough to get you some ideas to start working. 

    Originally posted by @Joseph Abbott:

    Thank you @Michael Slockers. I will reach out the neighbors of those properties to see if anyone has heard or seen anything. I never thought of reaching out to Title Company. Would you be willing to show me the ropes? Thank you for this information. It really helps.

  • Tulsa, OK · Member since 2016 · 119 posts · 23 votes
    7y

    Hello @Bryan, 

       Thanks for that info. I'm use the app.

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