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Updated over 5 years ago on . Most recent reply
'Subject to' REI Strategy
Hello,
I have recently read a lot about Pre-foreclosure investing and 'Subject to' deals. I would like to buy houses under this strategy but not sure where to start.
I am currently working on my marketing plan and designing my postcard campaign. Although I have read and watched all educational books/videos to really understand how it works, I am not very confident about it.
Some of my doubts/questions :
1. Where can i get list of houses who have received 'Notice of Lis Pendens' ?
2. What can I do to make sure that I get all documents/disclosures properly signed ?
3. Can anyone here help me understand this strategy and walk me through the process ?
4. Any advice on practicing and improving my cold calling skills ?
I will be really happy to devote my time and energy with anyone who can help me learn this.
Most Popular Reply
Originally posted by @Maurice D.:
1. Where can i get list of houses who have received 'Notice of Lis Pendens' ? Title office/real estate data subscription websites/Public Truestee website etc.
2. What can I do to make sure that I get all documents/disclosures properly signed ? use a title company or real estate attorney for closing
3. Can anyone here help me understand this strategy and walk me through the process ? NO, not for free.
4. Any advice on practicing and improving my cold calling skills ? try door knocking in person. you get to see the property and find out if its vacant etc.
Here are my answers:
1. Most Counties maintain a database with such properties. Research well and ask local real estate club members.
2. Hire a good attorney who can help you throughout the process. Do not settle on average, please !
3. Read this book: How to invest in RealEstate without Banks by Marko Rubel
Attend one of his RE meeting if you can (nothing is really free)
4. Read:
Way of the Wolf
Fanatical Prospecting, and others