Easy Way to Get Great Leads

Here is an easy way to get great leads that will actually pay off.

First make yourself a paper form with the basic info needed to submit the lead onto the birddog site . Then look in the classifieds for estate, moving, and garage sale ads. Next call the ads and ask them if they have a house to sell. If they do fill out the form and move to the next one. After you have called all of the ads then enter the leads on the website.

Please share your tips here in the comments section.

How To Find The Owners Of Vacant Houses

One of my students found twenty vacant houses and asked how to find the owner. There is a basic outline below. Please ask questions here on this blog I will answer without publishing your personal information. I just started this site to provide some basic training for you. I have an advanced house wholesaling site here

First you need to go to the property appraisers website to get the name and address of the owners. From there I would try to look up their phone numbers online. You can also put their name in the clerk of courts public records web site to see how much the mortgage is and if it is in foreclosure.

I would mail all of them a hand written letter in a white envelope or stationary. Just say you have and interest in purchasing their property. When they call you get the information needed to fill out the web form on http://www.wholesalehousebuyer.info (this is the new domain for the site to put your leads in)

After you do the research to see if there is a mortgage or not. The ones with no mortgage (free and clear) I would use a web service to skip trace them. www.Findtheseller.com may be one. Free and clear or low mortgages are the best.

Here is the 1st site - property appraisers http://www.hcpafl.org/www/search/index.shtml

This is the public records - clerk of courts http://pubrec3.hillsclerk.com/oncore/Search.aspx

Bird dog case study

One of the best ways to learn what a good deal is is to bird dog for an investor pro. Even if you are just looking for one deal for yourself this can be a way to get paid for all of that hard work you will do to find the "one". It may take several deals to find the one you really want.

This case study is all about me several years ago. I had no clue what I was doing but I wanted to start investing. I ended up bird dogging this one just because I was too chicken to buy it myself due to the junky yucky look of the house.

The seller's only desperate concern was not to leave the VA (VA loan) hanging by letting the house go to foreclosure. He was really motivated by this. He had not lived in the house for about a year and a half. The best part was that he only owed about $8,000 and the house was worth around fifty or sixty thousand. The problems were it looked horrifying and there was a girlfriend that had been added to the deed causing a title flaw.

I decided at the time it was not what I was looking for so I called an investor and gave him all of the information. I decided that I would accept $1500 from the closing and he agreed. It ended up taking another $7500 to get the girlfriend off the title. It took about four weeks for the investor to get this one closed and for me to get paid.

If only I had kept doing this I would probably be semi retired by now. Instead I went and bought four houses over the the next year and took another year to sell them off one at a time. By the time is was all said and done I could have made 10X more money bird dogging and graduating to wholesaling.

In summary, I was able to earn fifteen hundred bucks just because I talked to a guy that was extremely motivated to get rid of his vacant unwanted house. All I did was listen to his story and pass the information along to an investor who purchased the house. This investor paid me at the closing as his partner in the deal. I learned a great deal from this experience and now use that knowledge to buy and sell houses full time.