List of eviction notices

[Jessica Weiler]

Does anyone know where I am able to get a list of eviction notices? I went to the courthouse here in Bozeman, MT and was told there is no such list??

[Cindy Carriger]

Oh, and something else that i thought of...

BTW, don't get too caught up in one particular lead type. There are many ways to find motivated sellers - you have to think creatively...there's more than one way to skin a cat! (sorry cat lovers - im one too!) 

You may also be able to find Unhappy landlords by calling the For Rent BY OWNER signs on houses that look a bit rough around the edges -when you see that, you are probably going to be looking at a person who is not meant to be landlording, and is probably up to his/her ears in deadbeat tenants! 

Give those signs a call - ASK THEM this question in a considerate way after you break the ice a bit with them,

Approach it one of two ways:

1. "Are you at all interested in changing this house into a 'true mail box money' investment where you DONT have to deal with TENANTS AND TOILETS?" If they answer 'yes' or something similar you have a couple ways you can make that happen, depending on the underlying mortgages on the property (explained briefly below).  Another way to phrase it might be to say 'I am WILLING TO take (dont say purchasing just yet) this problem off of your hands and turn it into monthly income  for YOU without all the landlord hassles.  How does that sound to you?"

2. or you can phrase it like this: "If i could show you a way that you can still use this property as an 'investment' without the hassles of being a landlord, would you be interested in learning how that could work for you?"
Hopefully they would answer YES, and you can proceed to find out whether you can have them owner finance you (if it is free and clear...or ALMOST free and clear...) or if not, they could 'lease it to YOU'.  If they lease it to you, you need to have a clause in the lease that allows you to SUB lease it out. You should have some good lease paperwork for this ADVANCED strategy.

HOWEVER, I WOULD NOT discuss details until you meet them in person.  Because you need to build trust at this point. 

You could also possibly take the property "Subject to the existing mortgage' if it has any loan on it already.  

These are each somewhat advanced strategies that i recommend working with another investor who can walk you through these processes if you are not already proficient with them.