Hi BP Community,
This is my first post and I am excited to have found such an active and supportive community. My 9 to 5 job is sales and I have grown increasingly frustrated with the prospect that I am making millions of dollars for somebody else when I could be putting the same effort into my own business thus, have recently decided to go all in with real estate investing.
I have a decent understanding of the process but I am stuck in the analysis phase of how to generate leads for a few hundred to a thousand dollars. I have been driving my neighborhood and I also have others driving around the area to find vacant properties. I plan on cold calling these properties and my goal is to be doing 5 cold calls/day starting next month. I know this is a low volume of calls but my primary goal is to refine my script and learn the common objections that sellers have.
Any input/advice/suggestions/political comments (just kidding) would be appreciated!
One way to get leads is to purchase lists (probate, foreclosure, etc.) from companies like ListSource or PropertyRadar.
Thank you, Bob. What is a good criteria to look for in the lists? (equity percentage, income, etc)
Welcome @Daniel Pitner !
Congrats on moving towards your goals -- with a background in sales you will kill it.
There are so many ways to find motivated sellers that I literally have to just point you to these three blog posts I wrote:
55 ways to find deals online
27 ways to find deals offline
35 relationships you should build to find more houses
Hey! @Daniel Pitner I collect probate leads for certain counties in Arizona! What counties are you interested in?
HI @Kelly Conley , mostly maricopa county it's I'm open Yavapai
@Daniel Pitner For those counties only names of the decedent, executor and attorney are available for probate leads, there isn't any contact info. Your best bet is to visit the actual courthouse in person.
I am interested as well! I deal with mostly Maricopa county. Would be intersted in anything 250k and under that has 20% upside.
I have a team that is looking for members that want to do what you are doing, led by somebody who has done it for years. If you are interested in this approach to learning the trade, PM me and we can sit down and chat!
Hello @Daniel Pitner ,
For free probate leads use this webpage for Maricopa county:
To start go to Search: for State choose AZ. For County select Maricopa. Category select Probate. For Newspaper select The Record Reporter.
This is the heading that you would research: Notice of Hearing on Petition for Formal Appointment of Personal Representative of an Estate.
From is the date range that you can change from today to prior 30-45-90 days.
This is a free webpage and no need to purchase probate leads. But should you request copies of documents from the clerk that fee should be minimal.