All Forum Posts by: Assaf Furman

Very interesting @James Park. Looks like a good time to enter the market.

@Ian G.

Welcome to BP!

Are you looking for development deals?

@Rob B.

What about lease option for a 2 year period?

 Details please. Do you have a lot/tear down house? Where in San Jose? Have you researched material prices? 

I've been approached by a realtor who's selling her clients' lot ready to build in east san jose. To me it didn't seem like a good deal but maybe you can cut the construction costs significantly so that it makes sense to you.

@Bill P.@Mike Hartzog@Bob Malecki

Thanks for that. Actually, I've figured that since I'm already out there knocking on doors to find leads, I can be of service for note holders or companies who maintain their notes. Not that I'm in anyway interested to generate leads out of those, but in addition to.

I've been told that NPN investors occasionally need to contact the property owners, and when they can't reach them by phone someone needs to go to the house to talk to them.

Who qualifies as a door knocker for that purpose?

@Erik Lindquist

You can cross the 580 and look for deals there, or join forces with local investors to that area. There are several meetup groups you should check out.

Other than that you can and should look for off market opportunities; read on BP about the techniques to locate distressed owners and how to deal with them, research your market THOROUGHLY to understand what's a good deal (or any market you think about getting in).

@Nat C.

city-data.com - look for your county and city, and use the address to find the owners' name. Not always updated and accurate but usually a good resource.

Your county's tax assessor - you'll be able to find the tax address of the owners, which may indicate their primary residence. Some counties will show the name as well. 

County records - Once you have a bunch of addresses go to your county's offices and ask to use their public computers to get property records. Some counties are better at that, some are not but it's worth a shot.

Radaris.com - plug in the address and it'll find you the owners' name and numbers. Again, not always accurate.

411.com - Another source to find phone numbers.

Investor friendly RE agent - Many agents, especially ones that are established, have a system in place to track down property owners. Find one, develop a relationship and work with them. They may have access to property records which will provide you a lot of information that will aid you later on when contacting them. 

 You should plug this into a spreadsheet and play with the numbers to see what can work out for you so you'll have positive cash flow. once you get to the numbers you like - present them to the seller and negotiate. 

@todd 

@Todd Whiddonundefined

Do you have these on a regular basis? I'd love to join next time I'm in Atlanta.

Skitch is great!