Finding Motivated Sellers...

[Dan Cook]

I'm a flipper who generally buys from wholesalers. With the changing markets and inventory I'm exploring opportunities to find my own motivated sellers. I've been targeting Liens, Probate,and Pre-forclosure. I've sent mailers, made calls and even hit the pavement with little success. So, I wanted to ask the experts, maybe even the wholesalers on the site, to chime in with advice. Where/how are you all finding your sellers? What's the success rate based on percentage of those marketed to? Any podcasts or other recommendations would also be appreciated!

[Duane Alexander]

finding motivated sellers is a numbers game. How many mailers are you sending out, how many calls are you making? You said you're targeting Liens, Probate,and Pre-forclosure, I would guess you're not hitting that many people. Try a more broad list like Absentee High Equity. That's been my bread and butter. I would stick to cold calling and texting. Hire some VA's to cold call and qualify. Step up your sales game so you can close the deals. If you have a nice budget (3k or more in a decent sized market or don't waste your time), definitely get a website and do PPC. I get 1-2 deals a month off of PPC alone. 1-2 deals a month cold calling and texting with 2 VA's and a Lead manager. YMMV