Board logo

subject: Buying Wholesale Real Estate From The Owners Of Vacant Houses [print this page]


You are about to learn easy ways for you to acquire wholesale priced real estate just by locating vacant houses and then simply contacting the vacant house owners.

Among the quickest strategies to locate cheap real estate deals in your particular city is to locate the particular neighborhoods which are traditionally valued under the median price of a home and are working class areas.

Get out there next Saturday morning and begin cruising the streets. Bring a note pad in addition to a pencil and start noting all homes that seem to be like they are vacant, deserted, boarded up, distressed, have fire damage or you name it. If the vacant home is and eye sore that is great, and when it is beat-up or run down that is better yet. Write the address down.

OBVIOUS SIGNS OF VACANT HOUSES

Here are some of the tell tale indicators for distressed wholesale real estate and vacant houses. One particular clue will be taller grass in the front yard. Or sometimes, if you are living in a snowy state and drive through a neighborhood after having a snow storm, here is what you may see. If many of the homes in the community have tire tracks in the driveway, and you discover a house which does not, this can be a good indicator that nobody resides in the house and it could be a vacant house.

The most apparent ones are generally boarded up windows, broken windows and also turned off gas meters. There are a variety of signs that a house is many times not lived in, forgotten or simply vacant for some reason. These are the best addresses to note down while driving through the different areas of town to build your list of homes.

THE OWNERS OF THE VACANT HOUSES

When you have your list of vacant houses , look at your county assessor or even clerk and recorder online. The best way to find the website in your local county clerk or assessor, head to Google and type a search for your county name plus clerk & recorder and tax assessor. Look for the real estate or perhaps property records area and try to find the address of the vacant houses on the list.

In every tax file, there is going to be a mailing address for the owner and then you will find the property address of the house you wrote on your list. Often they are identical however at times they are different. In the event the mailing address and property address match up, then the owner resides in the home. But, if the addresses vary, then the owner likely does not live at the property, and so the house could be a rental or just abandoned. What you are researching for is to find the address for the person who owns.

THESE ARE EASILY THE BEST WHOLESALE REAL ESTATE DEALS

With 10 years of expertise, one of the best opportunities are houses where the mailing address and the property address are different and the owner lives in another state. These are goldmine vacant houses. Picture this, you locate a vacant and abandoned house and the owner lives in another state, they might not be aware that that they own a vacant house. They might have no clue what is taking place.

Here is what you are going to do next. As soon as you get hold of the name of the owner and their address, you are going to go online and look up their contact number. To begin, you can take their name and street address, go to anywho.com, whitepages.com, 411.com and look up the owners contact information. Start building your list of all of the people that own these types of abandoned, vacant houses.

PICK UP THE PHONE AND CALL THE VACANT HOUSE OWNER

The next thing is to pick up the phone and contact the owner. Make the connection with the owners and initiate casual conversation. It is more valuable to pay attention to discovering the motivation for selling as opposed to information of the home. Develop connection and just be pleasant. You would like to assist them resolve a difficulty. If results in the fact that you wind up acquiring the property, then that would be ideal. But, if it simply means that you were kind enough to inform them that their real estate has been abandoned, well that is ok too.

The more rapport you develop today with as many out of state owners of abandoned houses as you can, the more likely you will be to buy wholesale real estate from the owner of a vacant house .

by: Rob Swanson




welcome to loan (http://www.yloan.com/) Powered by Discuz! 5.5.0