New ways of finding off market deals

New ways of finding off market deals

New York City, NY · Member since 2017 · 247 posts · 123 votes

Hey guys, I am always looking to find different ways to find more off market deals. Besides networking, direct mail, and PPC, anyone using other methods to get more leads coming your way?

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Investor · NJ · Member since 2017 · 786 posts · 396 votes
6y

@Ronny Tiburcio I can attest deal machine is pretty solid, from what I've heard you can find sellers in facebook groups and with ads on social media as well. Lastly you may want to call landlords with aged rental listings on craigslist, zillow etc. they may be ready to off load their property 

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  • Jerry PuckettPro Member
    Wholesaler · Fort Worth, TX · Member since 2010 · 1k+ posts · 1k+ votes
    7y

    Hey @Ronny Tiburcio !

    Just curious, are you currently pursuing networking, direct mail and PPC? If so, to what degree?

    Networking is a very broad category....could mean anything from REI meetings to distributing business cards to addressing a luncheon of Probate lawyers (and many many more).

    PPC has various applications including social media.

    Direct mail has many faces and multiple targets.

    Besides what you have mentioned above, if we assume that networking is all forms of in person communicating, PPC (together with SEO) is all forms of internet marketing, and direct mail to be inclusive of the wide variety of lists and media available, then I can only think of a small number of communication methods you are missing:

    • Email 
    • Telephone (Calling and texting)
    • Visual (Bandit Signs, Billboards, TV)
    • Audible (Radio, Podcast)

    What people usually mean when starting a conversation like this is "how can I spend less and make more" which is a valid question, but my guess is that if you applied yourself more fully to any of the channels you currently have going you could increase your deal flow. 

    There are more places you can speak, more people you can mail and someone like  could surely show you how to explode your internet presence. If you can spend a dollar and make two, it makes sense to spend more dollars diving deeper.

  • Real Estate Agent · Chattanooga, TN · Member since 2018 · 258 posts · 136 votes
    7y

    @Jerry Puckett basically covered it! That’s some great info right there. On a side note the BP podcast show 176 has some amazing information on direct mail!

  • New York City, NY · Member since 2017 · 247 posts · 123 votes
    7y

    @Jerry Puckett We are currently pursuing all of the above mentioned methods to find deals. Most of are deals are coming from Direct mail, talking to wholesalers, talking to agents, and Driving for Dollars. I just like to ask questions like this to make sure I am up to date with any potential new ideas that we might be using right now. Thanks for the feedback.

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

    @Ronny Tiburcio have you tried listsource before? If not, you should definitely try them for off-market deals. I hope you're already doing direct mail and ppc? How's it going for you? 

  • New York City, NY · Member since 2017 · 247 posts · 123 votes
    7y

    @Ehsan Rishat Everything going well. Just trying to fill that funnel with as many leads as possible.

  • Investor · New York, NY · Member since 2017 · 263 posts · 118 votes
    7y

    New apps such as DealMachine are making the process of finding off-market deals easier. I would look in this direction, as well as RE meetups if willing to partner with others.

  • New York City, NY · Member since 2017 · 247 posts · 123 votes
    7y

    I will look into deal machine. Thanks @Stefan Tsvetkov

  • Investor · NJ · Member since 2017 · 786 posts · 396 votes
    6y

    @Ronny Tiburcio I can attest deal machine is pretty solid, from what I've heard you can find sellers in facebook groups and with ads on social media as well. Lastly you may want to call landlords with aged rental listings on craigslist, zillow etc. they may be ready to off load their property 

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