Updated about 2 months ago on . Most recent reply
Lookin For A Flip Now
Hello,
I am new to this community. I recently started an investment group and have raised enough capital to rehab a property. I am having trouble reaching listing agents and finding a deal that will give me the time of day to hop on the phone. If anyone could help with this or has any direction to point me in, it would be very appreciated.
Most Popular Reply
I hear you on the listing agent struggle. Most MLS brokers dont care about investor offers, especially on first-time deals. That's actually the wrong hunting ground for flips anyway.
Here's what actually works: direct mail to off-market sellers. You grab a list of properties matching your criteria (age, size, neighborhood, condition), send 500-1000 postcards, and let sellers call you. Direct mail costs $500-800 and pulls deals listing agents never see. I run campaigns like this in multiple markets and consistently get 3-5 qualified leads per 1000 mailers. Your goal is one good flip, not a hundred leads.
Second play is driving for dollars in your area. Find the worst blocks, get addresses, pull tax records, and skip-trace the owners. Cold call or mail direct. Takes time but it costs almost nothing. You're looking for out-of-state landlords, estate heirs, or people drowning in a property.
What's your target purchase price and repair budget? That determines which list and marketing strategy makes the most sense.