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Updated over 4 years ago on . Most recent reply
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Advice needed finding owners after driving for dollars
I have been driving for dollars and have a list of properties that are distressed and all are abandoned. In attempts to reach out to the owners I've searched the property appraiser, tax records, and used a skip trace service. I've sent physical mail, texted, and called. It seems the phone numbers I'm getting are old or not in use and many of the mailing addresses are PO Boxes with no replies so far. Many of the owners appear to be older (70+), so I question if they are in a nursing home or something similar. Does anyone know a way to find out if the owner is in a care facility and how to locate their heirs or guardians that may want to sell the houses? What other methods of finding owners should I be using?
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@Mike Conner no worries! Honestly I love turning people on to this way of doing deals.
I pull through DataTree for houses and RealQuest for land. I know it's accurate, in the correct format, and has everything I need. I mail to everyone who fits my criteria - I don't worry about motivators. Honestly about 85% of the deals I do are with people who don't have any motivating factors that you would be able to find, it's just the right time in their life.
Due diligence kind of depends. With land it's easy and I have a full list of items I go through and resources I use and I do it all virtually. With houses, I do arrange an inspection, and I usually will only mail areas where I have a friend or someone I can hire to be my "boots on the ground" and go check out the property.
Pricing depends on comps in the area mostly, attributes, and other wholesalers. I'm able to source so cheaply from doing direct mail that I sell below anything else on the market which makes for a quick flip.
I have a phone number through Vumber, I'm also testing Grasshopper Voice. I answer my own calls for now but if I get too busy I'll have PatLive start answering them.
If you want to shoot me a message I can definitely send you some other resources to check out.