Finding Houses

[Tyler Beeson]

Hey everyone,

I'm new to real estate investing and am looking to get into wholesaling...I don't think I'll have a problem finding homes that could be sold for cheap due to much-needed renovations, but I'm unsure how to find homes that NEED to be sold.

I've read threads about how it's important to find homeowners that need to get rid of their homes fast for the money. Is there a way to find these in particular? Or just calling, mailing, Craigslist, etc.?

Not looking for an easy way out, just curious and trying to learn what I can so I can get that first home under contract soon!

Thank you for the help!

[Ned Carey]

Originally posted by Tyler Beeson:

I've read threads about how it's important to find homeowners that need to get rid of their homes fast for the money. Is there a way to find these in particular? Or just calling, mailing, Craigslist, etc.?

Speed has little to do with it. Speed is highly overrated. Motivation is what matters. Someone can be highly motivated but a fast closing may not be important.

You need to approach sellers that may be in a position to be motivated. Keep in mind just because they should be motivated doesn't mean the are motivated. Market to estates, vacant houses code violations, burnt out landlords, foreclosure,behind on taxes, bankruptcy etc. It is a numbers game you have to do a lot of marketing to get one deal.

Good luck - Ned