Let's Talk Real Estate Investing with Sharon Vornholt
Business:Investing
How to Use Skip Tracing to Find Deals no One Else is Chasing (Pure Gold)
Today I want to talk about the goldmine of properties sitting in that stack of returned mail on your desk, and how to use skip tracing and other tools to find these property owners.
Stop and think about this for a minute; if you haven’t bothered to find an updated address for these folks, most likely neither has your competition. These other investors probably also have a big stack of returned mail just sitting on their desk gathering dust. It’s a safe bet that no one is really taking the time to track those motivated sellers down. I want that to change for you after today. These could be some of the easiest deals you to put together simply because you will have little or no competition. And, I’m going to give you a list of resources you can use to find these folks.
What Exactly is Skip Tracing?
Skip tracing is the process of finding someone. It’s that simple
Why Should you be Skip Tracing?
You should be trying to find these property owners because it’s a lot easier than chasing deals everyone else is chasing. There are a number of free and low-cost ways to find these folks. There are also some services that require a subscription. Right about now you might be tempted to say, “I’m not messing with that”. But, let me ask you this; if you find even a few great deals a year would it be worth investing a little money? You bet.
Let’s just imagine that you have 30 (or more) investors in your area actively doing direct mail. Those are your competitors. Everyone is chasing the same deals. However, what if only one or two of those same investors were working that pile of gold on their desk called return mail? Can you see how valuable those leads are to you?
Listen in as I tell you exactly how to find these leads that are pure gold.
Be sure to stop by the Louisville Gal’s Real Estate Blog and grab your freebies.
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