I’m curious as to how most fix and flippers find their deals. I know that some flippers have wholesalers they network with or can even drive for dollars in a specific market they want to invest in. Are their any other ways of finding these type of properties? Is contacting a realtor to send you properties a reliable source? They would profit off of the sale when bought from the investor and possibly when they sell when rehabbed.
Wholesaler · Member since 2020 · 140 posts · 89 votes
5y
It's all about getting there first. Those ways you mentioned - they aren't getting there first. Someone else found them and is making the real money.
I do land and houses buy pulling data from an assessor source and sending large batch of direct mail blind offers. (I also scrub data and do some other things but that's a little out of scope - more than happy to help if you have questions though).
Then I get calls and signed offers back, and from there I can pick and choose which acquisitions I want to move forward on.
Probate attorney's represent PR's. PR's (Personal Representative's) represents the decedents estate. It's best to request a probate file from the county clerk and research the file for the PR's contact info.
Should the PR reside outside the state your located they may be incline to be motivated....
Real Estate Agent · Fleetwood, NY · Member since 2018 · 264 posts · 235 votes
5y
@Zane Steward You've got some great advice on this thread. In my opinion, there are several ways to find deals that will work. I would recommend choosing one that you feel will work best in your market and become a master at it. A lot of times people try multiple strategies but then only make a little progress in each area - I think it's better to make massive progress with one strategy.
One more thing I will add is to make telling people what you do / what you buy a habit. A deal can come from talking to an old friend at a grocery store, for example.
It's all about getting there first. Those ways you mentioned - they aren't getting there first. Someone else found them and is making the real money.
I do land and houses buy pulling data from an assessor source and sending large batch of direct mail blind offers. (I also scrub data and do some other things but that's a little out of scope - more than happy to help if you have questions though).
Then I get calls and signed offers back, and from there I can pick and choose which acquisitions I want to move forward on.
Thanks Justin! I appreciate your advice. I sent you a direct message and hoping we can connect!