Door Knocking on Foreclosures

Door Knocking on Foreclosures

Member since 2018 · 2 posts · 0 votes

Hey all!

I recently started working with an established house flipper in my market and learning the process. He has me going door knocking on foreclosures. I have been doing it for about 2-3 months and have gotten a few deals from it, but I am trying to increase that frequency (obviously).

I usually go to the houses within 2 weeks of the pre-foreclosure notice going out. I tell them my boss buys houses in the area and then ask if they are selling or interested in selling.

I know there has to be a more efficient way, maybe going closer to the actual foreclosure date so they realize the urgency or something along those lines and also maybe approaching the conversation differently.

Does anyone have any advice, or methods they have found to work effectively? 

Thanks!

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  • Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    8y

    Most of this is a numbers game and the boss has you doing the grunt work, maybe bring it up to him and see if he has experimented in the past with timing or if he hasn't suggest it now.

  • Member since 2018 · 2 posts · 0 votes
    8y

    @Aaron K. Oh definitely it is grunt work, but he is mentoring me in the process. I am just trying to get better conversion rates. I also leave notes on the doors when no one is home requesting them to call him. I am just trying to figure out the best timing, and also when/ if I should follow up with the owners.

  • Investor · Salt Lake City, UT · Member since 2016 · 89 posts · 41 votes
    8y

    @Javis just wanted to let you know I am following this post man.

    Other than pre-foreclosure properties is there any other demographic or list you are targeting for door-knocking?

    I talked to a guy the other day who said he just looks at foreclosures off zillow and knocks. He has done well doing it although I know Zillows information is arguably inaccurate at times. Where do you get your list? Does your boss provide it?

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