Evictions

4 Replies

Originally posted by @Joel Ortiz :

hey Marcos, I don't have an answer to your question, but is it better to mail to evictions that just straight absentee owners? 

 Joel, It's a great strategy to use Both. Evictions will possibly get you rental properties at a great discount because the landlords are more motivated to sell. Also, there is more chance of them selling with creative terms (i.e. owner financing) since they are investors also. Absentee owners are a volume game. If you're into flipping, I think absentee owners will be more beneficial. If you're going for more cash flow, eviction records will be helpful. If you're a wholesaler, marketing to both is where you want to be. 

As for how long you should go back, I would say within the 6 months is the farthest I would personally go back. If you were having bad tenants and management issues, that one eviction could be the last straw before you sell off. 

Happy House hunting!

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