Rental Property Investor · Burtonsville, MD · Member since 2014 · 69 posts · 9 votes
Hi All, that are into analytics/filtering and data search. I am contemplating on which Source Database to study and use to find motivated sellers or motivated buyers.
Please advise from your experience between-
Listsource Prospectnow Zbuyer Offrs
Thank you all fine folks for your great advise as usual. Regards.
The best source to find motivated sellers is directly from the source rather than from list companies. I use the county's websites to find code enforcement liens (potential vacant houses or financially distressed owners), probate, tax lien auctions, preforeclosure (to find zombie houses), power of attorney (pre-probate) just to name a few. I use the MLS to find cash buyers in the area where I am potentially buying a house.
The best source to find motivated sellers is directly from the source rather than from list companies. I use the county's websites to find code enforcement liens (potential vacant houses or financially distressed owners), probate, tax lien auctions, preforeclosure (to find zombie houses), power of attorney (pre-probate) just to name a few. I use the MLS to find cash buyers in the area where I am potentially buying a house.
Thank You Thomas. Great insight. Do have any checklist or steps that could guide me through as I am new to wholesaling business. I have a few 2-3 rentals and do property management and just got Licensed as a Real Estate agent. But like to hit the ground for the wholesaling business and have the process but need the nuts n bolts for driving the leads to the pipeline and then do marketing campaign to fish prospective motivated sellers.
Thanks Jim, for the reassurace do county site provides the info for a fee or free. I was assuming a source list from sites like zbuyer would have been an easy reliable process as per input from investor in BP
Depends on what you want. Personally I like to mail directly to homeowners so I do ListSource.
zBuyer is much different, their lists are online web form submission from craigslist and other place. Personally in my market the leads were crap. I exported every lead, called everyone of them and set appointments on a few. Most of the people didn't have real motivation. But I know this works well for some people and for getting listings.
I'd keep it simple and select a list from ListSource with high equity and start your direct mail campaign. The biggest thing is answer your phone when they start calling. Seems obvious, but so many people don't....