Jun
23

Tap the Hidden RE Market for Deals

By karen

One of the Top 5 Questions at every REIA Club meeting is

How do I find Deals?

FEC Newbie Tips:

FEC Newbie Tips:

Today,  I’m going to list 10 resources for Tapping the Hidden Market to profitable deals ….the absolute best deals!

  1. Bail Bondsmen: often due to legal reason, these agencies end up with properties that need to be sold.
  2. Code Enforcers: know the neighborhood violations, etc. Got any in your family?
  3. Hard Money Lenders: interview one and have this discussion- if you’ll be at the upcoming meeting…ask Michelle Evans.
  4. Meter Readers: talk this over, they may only be able to accept a gift card but they’ll let you know if they can help.
  5. Waste Management: know the neighborhood- vacants,  REO’s, etc
  6. Divorce Attorneys: help motivated couples during a major change
  7. Probate/Trustees: aware of /oversee many files. Interview one.
  8. Tax Offices: some publish in newspaper, contact them for more info
  9. Garage Sales: newspaper for locations/dates. sometimes these folks are (underground) motivated sellers as well.
  10. Estate Sales: do you know anyone that  coordinates these? If not, time to meet one or check the newspaper for locations/dates.

I hope these help you out and I’ll post more of them, so STAY TUNED for Part 2 and Part 3.  I’m going to let you in on some gems that you’ve probably never even considered!

Happy Investing,

Karen

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