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Updated about 5 years ago on . Most recent reply

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John S Lewis
Pro Member
  • Jackson, NJ
46
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166
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Using Listsource effectively

John S Lewis
Pro Member
  • Jackson, NJ
Posted

Hello BP community - I just did a search on listsource.com and narrowed it down quite significantly for my zip code using absentee owners.  How do I know if I have a good list?  Is this just trial and error?  Seems like it could add up to a lot of $$'s pretty quickly if just using trial and error.  Any good suggestions are appreciated.  Thanks.

Most Popular Reply

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Kerry Baird
Pro Member
  • Rental Property Investor
  • Melbourne, FL
2,580
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Kerry Baird
Pro Member
  • Rental Property Investor
  • Melbourne, FL
Replied

What is your goal?  Do you want to fix and flip? Do you want to wholesale?  Are you looking for multifamily rentals?  Your list will be different for each of these situations. 

You could use only high equity, because those are deals where they could drop the price, for a possible wholesale deal.

Houses that were recently purchased won’t have much equity, and motivation may be lower...so houses that were purchased in the past 1-3 years...or longer...may not be owned by people who are motivated to move.

Do you want SFR properties or Multifamily? Use the Property tab to choose.

You can also shrink your list to eliminate duplicates.

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