The Millionaire Blog

A lot of novice investor begin thier investing journey by looking for houses. WRONG! You need to look for motivated sellers. That is where you are going to find the bargain deal. But where do you find motivated sellers. Here is a list of 30 ways to find motivated sellers.
Motivated sellers are not too difficult to find, however they just don’t come out and shout “Here I am “.

It can be safely said the more difficult your search the less competition you’re going to have for these sellers.

1. Major newspaper ad: Place an ad in the major newspaper in the town you wish to invest in.
2. Pennysavers and free print: Buy ad space in the local penny savers and other low cost or free local papers.
3. Drive neighborhoods looking for vacant and For Sale by Owner.
4. Search newspapers For Sale by Owner classifieds.
5. MLS search for fixer-uppers and ugly houses, use your agent for this.
6. MSL search for expired listing use your agent for this also.
7. Contact landlords with for rent signs, they maybe “tired” landlords.
8. Check court records for landlords who are evicting tenants. Ask the County Clerk it’s not hard if you ask for help.
9. Magnetic car signs on your vehicle, your spouses vehicle, you mom, you dad, you get the idea.
10. Birddoggers (These are people you pay a referral fee to find you fixer uppers.).
11. Wholesalers (They find property and sell them at mark-up, you pay mark-up but make nice profit on sale).
12. Owners of condemned properties, check tax records for these owners.
13. Owners of fire-damaged houses, check tax records for these owners.
14. Owners, whose property has code violations, check City for list of violators.
15. Create flyers and post wherever you can.
16. Create business cards and hand them to whomever and wherever you can.
17. Create door hangers and place them on every door knob you come across.
18. Network with professionals (CPA’s, Attorneys etc.) and non-professionals, (plumbers, landscapers)
19. Network with service/route people (meter reader, newspaper delivery, mailman etc.)
20. Absentee landlords, check tax records for these owners.
21. Estate Sales check newspaper for listings.
22. Tax Sales; check City, County and newspaper for listings.
23. HUD and other government foreclosed properties, check their web sites for listings.
24. REO’s (Bank owned properties), call banks for listings.
25. Foreclosure auctions check City, County and newspaper for listings.
26. Professional attire (company polo” We Buy Houses”, tee-shirts etc, ties.).
27. Billboard advertising, expensive but sometimes very effective if placed in the right location.
28. Mobile billboard advertising, expensive but can be effective if done right.
29. Online local internet advertising. Put your web address on everything.
30. Private Real Estate Auctions, check local auctioneers for listings.

There you have it. 30 Ways to Find Motivated Sellers. Now just do it and start making those calls.