9 Sources to Find A Real Estate Opportunity III
6) Publicity own
You can also post your own notice, it has several advantages.
On one side you’ll spend less time looking for these properties. The other advantage is the leverage of trading. People call you, placing it in the driver’s seat.
The final advantage is that you can draw the attention of people who had in mind to sell your property and eventually want to do and thus avoids competition with other buyers.
At first I spend a lot of announcements, but here are a few phrases to help “filter” some answers:
- Willing to close deal soon
- I need flexible seller
- Excellent references
- The family has an advance of $ xxxx for the seller
- I close deal soon
- Fair price
- Need to sell?
- No fees.
An example raised by the book is: “Young couple looking for their first home. Fair price if you are flexible on terms. Owners only. Call 4444-4444.”
7) Method of direct mail in the courts in your area.
If you were never in court, except to pay a fine, I recommend you take the lunch hour to come here and see for yourself. It is a gold mine of information. Ask the receptionist to help you find data on:
- Homeowners who are not in the state
- Bankruptcy
- Sales tax
- Notices of default
- Sales performance
- Divorces
- Judicial Sales
- Presentation of embargo.
After that I sent letters to those people providing the ability or interest to buy the property.
Investment Clubs, consortia, trade groups.
All major cities have several clubs, associations and groups that target people interested in real estate investments. Mingle and interact with like-minded investors with an excellent source of ideas, tips, deals and transactions.
9) Other professionals.
Some professionals are aware of the problems of their customers long before they become a matter of public knowledge, they are lawyers, tax advisors, accountants, banks, etc. If you know these professionals tell on an investor willing to purchase a property. They may have a client who is looking for a quick sale.
In short you are the 9 sources said Robert Allen to find good opportunities, which is part of Chapter 8 of “multiple sources of income.”
As mentioned earlier this summary may not contain all information necessary or applicable in our case we are in Argentina, so I’ll come to find out how applicable is this to the country, yet their advice is very important.
During the Chapter Allen shares some leaves that serve to filter properties, see the possibility of designing in Corel Draw and upload them for everyone to download.