All Forum Posts by: Account Closed

So what if I place an add on craigslist that I am interested in finding motivated sellers to sell their home and someone contacts me because their house is in the area that I live...but they are not.

What typically happens? How do I see the property inside? Does the owner come from out of state to show me the property?

Unfortunately nothing is typical. Every seller is different. Every transaction is different. Some sellers don't mind you making money off of them (wholesaling). Others do. The owner is more than likely not coming from out of town to show the property. He/she may have a lockbox on property, if it's rented the tenants or property manager could let you in, or there may be some relatives in the area that could let you in. Did he/she provide you an asking price? I would run some comps against that asking price, ask seller how much equity is in property, and try my best to determine motivation level before worrying about seeing property. If there is no motivation and no equity you don't have a deal so don't waste your time.

Hope this helps.

Sincerely,

E. Harris

Thank you! She seems really motivated and is actually coming from out of state, the property has essentially just been sitting accruing taxes since she purchased it, the next step is for her to show me the property, thank you for the reply Eric ;-)!

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Originally posted by @Jaelyn Whisler:

You have just found a motivated seller, my friend (:

The best way to answer those questions however is through communications with the owner. Build up a good, trusting relationship when you talk with them so that they understand that although you'll be making money off of the deal you're still looking out for their best interests and finding solutions.

Thank's for the reply Jaclyn! We've had really good communications, she does seem really motivated, and she knows that I will be making money, I've been trying to keep everything honest and open with clear communications, I'm a little nervous as this is my first deal, lol

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Hi everyone, I hope you are all well!

Question time!

So what if I place an add on craigslist that I am interested in finding motivated sellers to sell their home and someone contacts me because their house is in the area that I live...but they are not.

What typically happens? How do I see the property inside? Does the owner come from out of state to show me the property?

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Hi you all!!!! I hope everyone is well!!!!

I don't know if I mentioned this already but I am originally from Harrisburg, and as I currently live in Morristown, I am constantly back and forth between the two and will be investing in Harrisburg as well.

I am wondering if anyone can further explain the dauphin county sheriff sale to me? I have been reading the FAQs but it doesn't ENTIRELY make sense to me! Maybe because it's 4:28am, and I'm super tired....lol no I won't blame it on that.

Looking forward to hear your replies,

Tyana

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Originally posted by @Adrian Chu:

Originally posted by @Account Closed:

Hi everyone!!

So I've been over here just thinking some thoughts that may be reasonable or not. I don't know but I want someone's opinion because I feel like a crazy person.

I was thinking what if I found a property that I wanted to wholesale and I got it under contract with the seller but then it turns out the seller isn't the owner of the house or has no affiliation with the house at all. How can I prevent this? I am a newbie, beginner, etc...so don't be too hard on me (I've been reading people bashing wholesalers but that's another post LOL).

Am I making sense here? I am trying to articulate what I am thinking but I am having trouble LOL. Let me know.

Thank you!!!! :) :) :) :)

Work with a title/escrow officer and have them pull prelim. title reports on the properties.

Title company, I've been looking into those and on the hunt trying to find one to use. Make's sense. Thank you Adrian!!!!

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Originally posted by @Steve Vaughan:

I just look online at the county assessor's site and make sure the listed owner matches up to who you are dealing with. Renters should do the same if talking with a private party landlord.

Lots of wholesalers out there just bidding up listed property they have no affiliation with. Trust but verify, normally. With CL wholesalers, I would verify first @Account Closed!

Hmm Steve, thanks for the insight! I will def. do that & check with the county assessor's site. :)

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Hi everyone!!

So I've been over here just thinking some thoughts that may be reasonable or not. I don't know but I want someone's opinion because I feel like a crazy person.

Am I making sense here? I am trying to articulate what I am thinking but I am having trouble LOL. Let me know.

Thank you!!!! :) :) :) :)

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Originally posted by @Noel Lumbo:

If you're looking for Out of state absentee owners unless you have MLS access you can buy a list from listsource. There are other sites that provide lists too you can easily find those online ie: melissadata, etc. As far as tax delinquent home owners you'd have to look up the address on the BRT site (someone in here already linked it). As far as evictions, public records does not show you who got evicted BUT you can see who which landlords took their tenants to court

Driving for $$$ was a great suggestion and in my personal opinion it's the best way to get REAL TIME leads. It just can be time consuming and "tedious", but most of us drive around anyway... just make it a habit to keep an eye out for distressed properties.

You can also go on the opa.phila.gov site type you can search by address block or intersection.... and you can see which homes are absentee owned if the mailing address is different from the property address and you can check if it's behind on taxes. VERY time consuming.... borderline tedious.. but 100 % cherry picked QUALITY leads.

Noel, handy information seems like driving for $$$ is popular, I'm going to have to do that. I like the list idea but I can't seem to figure out how to work the websites. Idk what's up. Thanks!

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Originally posted by @Antoine Joseph:

@Account Closed

A free way to find absentee and tax delinquent homes is to search the blocks of the area that you're interested in on the city OPA website. For example, if you know where you would like to drive for dollars, you could search every address on the streets you'd be driving and look up each house's info. You can write down all of the absentee or tax delinquent houses that you find. It's a very tedious and time consuming exercise if you want to get a legitimate list, but if you're budget is thin, its a way to get started 100% free.

tedious for sure but i see the effectiveness, thank you!!!

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All Forum Posts by: Account Closed

Account Closed has started 10 posts and replied 35 times.

Post: New member from Harrisburg PA

Post: Out of State Absentee Owners

Post: Out of State Absentee Owners

Post: Out of State Absentee Owners

Post: Dauphin County / Harrisburg Sheriff Sale

Post: A wholesale scam, I'm nervous!

Post: A wholesale scam, I'm nervous!

Post: A wholesale scam, I'm nervous!

Post: Finding motivated sellers in philadelphia online that are absentee out of sate, tax delinquent, evictions etc

Post: Finding motivated sellers in philadelphia online that are absentee out of sate, tax delinquent, evictions etc