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Updated over 9 years ago on . Most recent reply

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Joey Harper
  • Investor
  • Fort Worth, TX
0
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10
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Finding Motivated Sellers without Paying Big $ for Online List Sources

Joey Harper
  • Investor
  • Fort Worth, TX
Posted

Hello,

I'm new to biggerpockets and am a new real estate investor.  I'm very confident in the processes and systems I've learned in order to get where I want to be.  Though, I've hit an obstacle.  I need to find motivated sellers!

I have a list of a dozen different online list sources that can provide me this information.  Unfortunately some of these websites are very pricey, wanting anywhere from 40$ - 600$ per list!  Times that by 12 and I've already dug a pretty big hole.

Any advice on finding motivated sellers for cheap or for free!?  So far I am aware of using bandit signs, driving through neighborhoods, and going up to the court house and browsing through records.  I know of 2 great realtors that I could ask for expired listings also.  Any other ideas or advice for finding motivated sellers inexpensively?

Thanks for your time,

Joey Harper 

Most Popular Reply

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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
607
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1,016
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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
Replied

You can spend time, or you can spend money.    There's no free ride to finding motivated sellers.

I've often heard it takes about 7 mailings/distributions to start seeing real results, so expecting an immediate payback from a marketing campaign isn't very realistic.    Good luck!

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