Flippers- What lists are your most successful?

Question

Hey BP!

I am starting to dip my toes into the world of flipping. I have done flips and BRRR's but those have all been MLS finds. I am wanting to find properties that are not on the MLS or pay a hefty wholesale fee if possible. I've used propstream and went after "tired landlords" list for rentals and had some luck there. Now I am in need of more capital for my next rental. So, my question is, what lists are flippers having the best success targeting? Have you found mailers or phone calls to be more successful? Which platform are you pulling these lists from?

Thank you!!

Julie Muse · Answer

I use dealdriven.com. I would first start with pre-foreclosures, and filter out by equity etc. Then, you can skip trace or do whatever you want past there. Next favorite would be Vacant, non owner occupied. They have a new feature for adjustable rate mortgages too that I like. This app is almost liek dealmachine for driving for $'s and propstream mixed together.

Bob S. · Answer

Just go on the local FB groups, deals everywhere,

Peter Mckernan · Answer

Networking, networking and networking more.. The best deals that I find are in my backyard and coming from people that I know and they know that I do flips, want remodels, etc. I Just had a lady call me on a deal we did 6 years ago for and she always calls me for anyone in distress, or needs to sell (that one was from a lender that knew I did flips).

Nathan Harden · Answer

Thank you for the response, Jose. I haven't used Deal Machine. Is it similar to Propstream? Any specific lists that you pull from deal machine?

Jacob Sherman · Answer

Best are the facebook real estate groups that filter by city

Jose Jacob · Answer

Hey Nathan,

I use Deal Machine to call and mail.  You can build your own list and target them for off market properties.  Good Luck

Nathan Harden · Answer

This is fantastic, thank you Julie!!

Jose Jacob · Answer

Propstream is a platform to get more details of a particular property and they dont have skip tracing facility.  Deal Machine is good to build good list and skip tracing is built in. If you are planning to contact sellers directly, Deal Machine is very good and very economical in pricing.

Jacob Sherman · Answer

i just usually join all of the wholesale groups by searching the city and the words real estate

Nathan Harden · Answer

I'm in a ton of local REI facebook groups. Any in particular that you have found to be more active than others?

Flippers- What lists are your most successful?

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