Wholesaler 路 Charlotte, NC 路 Member since 2015 路 398 posts 路 679 votes
9y
@Jay Lalik Your best bet is to do a skip trace on the owner. If you can't do it yourself, you will have to eventually give out the address so a professional can locate the owner's contact information. However, before going that route, I would ensure that the property has enough equity to work with. You may want to go on the tax assessor's site and see when it was bought. If it was bought around 2006-2008, most likely it's upside down. You could spend all of your time searching for the owner and then it not even being a deal. I always do some due diligence before I track down an owner.
Atlanta, GA 路 Member since 2017 路 54 posts 路 30 votes
9y
Here's a more unconventional trick, but it seems to work in my experience. Try contacting the neighbors to get the back story. Neighbors tend to be nosy and you'd sometimes be surprised how much they know.
Wholesaler 路 Charlotte, NC 路 Member since 2015 路 398 posts 路 679 votes
9y
@Jay Lalik Your best bet is to do a skip trace on the owner. If you can't do it yourself, you will have to eventually give out the address so a professional can locate the owner's contact information. However, before going that route, I would ensure that the property has enough equity to work with. You may want to go on the tax assessor's site and see when it was bought. If it was bought around 2006-2008, most likely it's upside down. You could spend all of your time searching for the owner and then it not even being a deal. I always do some due diligence before I track down an owner.
Investor 路 Colorado Springs, CO 路 Member since 2017 路 17 posts 路 3 votes
9y
Hi all. Another thing i do is send a mailer to the address to let owner know your interested in property. if it comes back you can investigate some more. Assessors office only has a address that owner provides. You somtimes need to be that detective.
Investor 路 Miami, FL 路 Member since 2015 路 379 posts 路 330 votes
9y
x2 to what Andrew Miller said. This is always my go to as they almost always hand over leverage that a seller wouldn't admit.
I'm assuming you've checked the mailing address of the home but sometimes vacant properties might have a local mailing address within an hour or two away that you can simply knock on.
In reference to the equity comment I would try to reach out of your trusted network and see if you know anyone with MLS access, specifically a program called RPR. I'm sure there may be other programs out there but this one allows you to check the loans pulled out on this home so you don't have to guess whether they have equity or not.
Happy Investing!
Enter the property address to get the owner's name. After you get the name, you can try doing another property search, this time using only the owner's name, to see if any other properties show up under that name. If there is another one, it might be the owner's home address.
Wholesaler 路 East Point, GA 路 Member since 2014 路 7 posts 路 2 votes
9y
If you get return mail my first step is to just google the owner you will not believe what info comes up and sometimes you get their phone number and current address.
Taylorsville, UT 路 Member since 2017 路 23 posts 路 22 votes
9y
My wife and I got info from the government site.
We knocked on the neighbor's house and she was the sweetest lady. It turns out she and her husband lived in their house for 65 years and the house in question was built by them in 1953.
The lady knows the owners personally and she says the owner is looking to sell. She is expecting a call from the owner's daughter tonight and will pass on our info.
Taylorsville, UT 路 Member since 2017 路 23 posts 路 22 votes
9y
I am not 100 percent sure. I guess I will find out soon. If I don't set a call back by lunch I am making one to the daughter (who is apparently handling everything for her mom.)
I have a few options on this one. Flip, wholesale, or list as an agent.
A flip makes me a bit nervous as I have mon-sat Nat Guard training starting in July.