The average successful real estate investor uses at least a dozen or more methods of finding available properties on pretty much a daily basis. More is definitely better. Here are 51 different ways or places to find properties for your real estate business. Treat your investing like a business, and realize that when you leverage other people to help you, it needs to be rewarding to them as well.
1) Have 1 to 4 Realtors on your team with specific assignments
2) For any of the below list of free classified ads, review ads to find current postings in your local market: www.CraigsList.org
3) www.Kijiji.com
4) www.UPillar.com
5) www.BackPage.com
6) www.WebClassifieds.us
7) www.USFreeAds.com
8) www.ClassifiedsForFree.com
9) www.PennySaverUSA.com
10) www.SaleSpider.com
11) www.PostLets.com
12) www.StumbleHere.com
13) www.AdPost.com
14) www.deangraziosi.com
15) For any of the above free classified ads, post your own ghost ads to get responses from property sellers.
16) Review For Sale By Owner listings on www.forsalebyowner.com and/or www.fsbo.com
17) Look up properties for sale on Zillow.com
18) Subscribe and use FSBO Home Bargains
19) Subscribe and use Foreclosure and Pre-foreclosure listings on Prop Trend
20) Subscribe and use marketing to find pre-foreclosure properties on Investor Pipeline
21) Research probate properties in your investing area
22) Call on rental properties to see if the landlord is also interested in selling the property (or if they are looking for other properties, they could become a cash buyer)
23) Build your own Bird-Dog Network of people whose jobs involve driving neighborhoods: postman, UPS, FEDEX, pool cleaners, carpet cleaners, meter readers, pizza delivery, other restaurant delivery, road work crews, newspaper delivery, landscapers, yard care, snow removal, painters or other contractors, etc.
24) Talk to administrators or marketing directors from assisted living facilities or nursing homes to refer potential residents who have homes to sell
25) Research Bankruptcy properties, especially Chapter 11.
26) Get County Notice of Default Lists
27) Drive Neighborhoods: Look for FSBO, For Rent, MLS Listed, Abandoned, Boarded Up, Signs of disrepair, foreclosure notices.
28) Check ads in local newspapers
29) Check the online classifieds for these local newspapers
30) Call property managers to see if any of their owners are looking to sell or buy.
31) Attend a meeting of the local Apartment Owners Association, find out if any of their members are looking to sell or buy.
32) Talk to friends and family members, ask them to look for properties for you, give them your criteria
33) Do google searches using motivational phrases and your area identification.
34) Ask Real Estate Agents for list of properties with exceptionally long Days on Market
35) Negotiate an arrangement with Real Estate Agent to obtain list of expired listings, agree to compensate them for any deals you can put together.
36) Ask Title Company if they can provide you with a list of non-owner occupied properties within a specific zip code area.
37) Target specific neighborhoods, and canvas these areas, talking to residents and giving out business cards, offering referral fees.
38) Target companies that transfer employees, and speak with their placement department regarding properties.
39) Talk to mortgage brokers about any failed loans
40) Contact Insurance Adjusters regarding damaged homes
41) Give out business cards generously, and have a flyer indicating what kind of properties you are looking for, and offering referral fees.
42) Research estate executors and contact them to see if there is property that needs to be sold.
43) Place Flyers on bulletin boards in: Office Buildings, Break Rooms, Grocery Stores, Ethnic stores, Cafes, Laundromats, etc.
44) Target neighborhoods and deliver flyers
45) Post bandit signs on busy corners, at entrances into subdivisions, near home improvement stores, etc.
46) Offer referral fees to contractors, handymen, and others who do work on properties for property referrals.
47) Run “We Buy Houses” ads in newspapers or other media
48) Attend Real Estate Investor Association Meetings, market in the haves/wants
49) Use Social Media to notify your network of friends and associates of what you are looking for.
50) Have a website that you use to promote to find properties and buyers
51) Do email campaigns to your growing list of contacts
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
This is amazing information,what I keep coming across is when I find a property, and go look it up on Assessor's sites, can't get information, they want to charge. I know i am going onto the citys site. Any suggestions.
i live in California.
Thank You
Richard
Richard Armendariz
Richard: There is much public information online that is free; however, that does not guarantee that all of the information that we might want in regard to a property is going to be available for free, it depends on the area that you are in, and some data is simply not provided by government, they are sometimes restricted by law.
The gateway that we usually recommend that you use to access public record is www.netronline.com, which is simply an access point with links to various county websites around the country. In most areas, you can link with country recorder's, or county assessor's office information on properties at no charge by entering the address of the property.
This may give you a different access point for information, but I'm not able to guarantee that it will change what you have to pay for in regard to information. I hope it helps you get what you are looking for.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Hi Dallin,
Thanks for posting that information. I have used several of those ways and have heard of several more. There are a few ones I have not heard of. I will certainly have to give those a try sometime.
Amanda
Thanks for posting these 51 ways to find properties. You just refreshed my memory with a couple of the of the ones you listed and I will be using some of the strategies tomorrow.
Reynold Orozco
how amazing is this post. Thanks a million Dallin for taking out your time to post this great information which will change my life forever. Right now I'm currently using 1-5 agents. I gave them specific assignment. I have some who pull up listing for me and I have some who i send in offers through. Also I use bandit signs, business cards, and word of mouth. I'm about to explore on the remaining 48 ways to find properties.
I know I will be far from my competitors using your 51 ways to fishing those property deals out there
You're awesome and Once again thanks so much
_____________________________
TC
Miami, FL
"If you are not making offers on properties you can not make any money" - Success Coach
Check out my road to financial freedom http://www.deangraziosi.com/real-estate-forums/investing-journals/144538...
TC
Miami Florida
"If you are not doing something that help the universe or God or your family, or YOU, is that something you should still be doing?"-Dean Graziosi
"Each day do one thing to get you closer to your dreams because if you do today what others are not willing to do, then tomorrow you can do those things that others are only dreaming about doing!"- Joe Jurek
Follow me on my road to being a BILLIONAIRE http://bit.ly/1q7aOFX
Go LIKE my official facebook page http://on.fb.me/1qQGO6i
This info is really helpful. I've closed 2 assignment deals and am kinda at a stand still. Needed a new resource for marketing and this helps loads!! Thanks
First, thank you to everyone for your positive comments. The real thing I am looking for from you, however, is the report on your success in finding additional properties using these methods and being able to put more deals together. So you all owe me a report back here after you implement these methods.
Now the other side of using this information, as I see it is to broaden our ability to make deals happen. Elsewhere in this forum I have talked about the two sides to every deal and how some sellers are flexible on terms while others are flexible on price.
Early in my investing career, I decided that if I could utilize a solid strategy for each of these two flexibilites, I could be more versatile and assist more people. So I developed my two-fisted approach to knock down more deals. One fist is wholesaling, for people who are flexible on their price, but need their money right away. The other fist is sandwich lease option, for people who are determined to get a high price, but can be flexible on when they receive their money.
Knowing that whichever way they can be flexible, I have a technique that fits was a great way for me to get started, and regardless of the other strategies I have added to my own investing, I continue to wholesale and set up sandwich lease options today.
Some of the methods listed above are going to bring you properties that work best for wholesaling, while others are more geared for sandwich lease options. Perhaps some of you will want to adopt the two-fisted approach described here as part of your real estate strategy.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Thanks Dallin,
These can be part of my 'goals' list to see which work better in my area for me. Also love the two fist approach, great advise in many situations.
God Bless,
Nancy
relady.13
This is great to learn at this time! Stan and I just joined the success academy two weeks ago. Stan will be so thrilled when I show him this information! Thank you so much for the insite of a good two fisted way to accomplish deals . But I do have one more question, What does a sandwich lease option? I will copy or bookmark this page.
Cindy
Cbardy43
Relady.13 and Cbardy43, Thank you both for your positive words, I really appreciate those comments and hope that the value of these posts will be great.
Cbardy43, I have posted information about Sandwich Lease Options in other areas on the forum, but will have to check to see how much I've written, it's sometimes difficult to recall what details I've shared. So I will provide a brief explanation here, check my posts tomorrow, and if I need to add more detail, I'll create a new post and reference it in this string.
In brief and simple terms, a lease option starts with a lease, and typically ends with a purchase. The buyer does have an option though, to either exercise their option and purchase the property, or to walk away at the conclusion with no further obligation.
A sandwich lease option is a situation where we, as investors, negotiate a lease option with a property owner (making us the buyer in this transaction), and then place a tenant/buyer in the property with another lease option agreement (making us the seller in this transaction). We negotiate our agreements so that all the numbers on the tenant/buyer side are bigger, which gives us a profit margin in the deal. It's called a sandwich lease option because we are in the middle, like being in the middle of a sandwich. And in case you aren't sure if you want to be in the middle of a sandwich, just remember, no one buys a sandwich just to get the bread. It's what's in the middle that counts.
Hope this helps, and as indicated, tomorrow I'll either reference other locations to find more about sandwich lease options, or else I'll post a more detailed description.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Dallin,
this is a pretty extensive list; I think that anyone can find a property using any of the suggestions. I myself have found and purchased properties using Craigslist, Zillow, my Realtor, www.hudhomestore.com, www.homesteps.com, www.homepath.com, reo properties from various bank websites...
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Wow. The 2-fisted approach is just what I was looking for. Yes I'd rather be prepared to handle both situations at once. Thanks for sharing!
Life is full of choices, and these choices become your reality... YOU are in control of your future! YOU decide the direction your life will take. YOU have to make things happen, no one will do it for you!
When opportunity knocks, will you answer?
I love it!!!!
"Don't tell me I can't, Tell me how I can."
You're definitely going to get a report of my success putting some deals together using these methods. Also I have started using your PRICE and TERMS approach method. I find it fun using that method. For instance, I called up a seller like a two weeks who's asking price was the FMV. SO I was "I understand you want the high price out of your home am I correct?'" he was like yeah lol then I went ahead and said 'If I show you a way you can get more than than your asking price and even with more interest, is there any reason you wouldnt listen to me?" lol he was dumb founded for like 5 seconds lol and was yeah sure why not so i was like in order for me to show you the way we have to spread the payment. He was like for how long I said 60 months. I feel like there telling a seller 60 months and 5 years is two different thing. % years looks longer while 60 months. So basically the deal didnt work out because he didnt agree to the 60 months even when I reduced it to 3 years( I wasn't about to go any lower than that). He wanted to cash out but like I said his asking price was firm and was the FMV. I backout of the deal. (seller wasnt that motivated at all)
__________________________________________
TC
Miami, FL
Keep TAKING ACTION + gaining KNOWLEDGE = SUCCESS (Making Money)
Checkout my road to riches http://www.deangraziosi.com/real-estate-forums/investing-journals/144538...
TC
Miami Florida
"If you are not doing something that help the universe or God or your family, or YOU, is that something you should still be doing?"-Dean Graziosi
"Each day do one thing to get you closer to your dreams because if you do today what others are not willing to do, then tomorrow you can do those things that others are only dreaming about doing!"- Joe Jurek
Follow me on my road to being a BILLIONAIRE http://bit.ly/1q7aOFX
Go LIKE my official facebook page http://on.fb.me/1qQGO6i
First, thank you so much Valerie for adding some additional methods of finding available properties, I hope that others will do the same. And thanks TC for sharing from your experience, and promise to share your successes. And thank you Donna and Success32 for your positive comments. I've learned about myself that when I receive compliments, I want to share more, so you've done the right thing here.
I promised in my post above that I would track some additional information that I have posted in other strings. For more information on the two-fisted approach and on sandwich lease options, please go to the "Marketing to Buyers and Sellers" category, subcategory "Two Sides to Every Deal." In this string, I have shared some additional information on these two topics, including what I call the Profit Chart, which is a set of guidelines to make sure all your deals are profitable.
I also have a long list of steps to putting together a sandwich lease option. If you PM me, I'll forward that to you.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Dallin,
Thank you for the lists place in your posts. Sometime in the daily grind I can get a little tunnel vision and your list help me to refresh and take a no look.
Jim
With your success in mind,
Jim McKinney
"With integrity, nothing else matters.
Without integrity, nothing else matters!"
Thank you Jim, your comments and posts are always very helpful and inspiring. Right now you have inspired me to share another list, this just happens to be the most important list I have in regard to Real Estate investing, the Top Five Principles I learned from my first real estate mentor, a man named Dr. A.D. Kessler, founder of Creative Real Estate, and an incredible man and real estate investor.
1) There is Always a Way--Kessler's Motto
2) Expect Anything, be Surprised at Nothing, and You will Be Prepared for Everything!--Kessler's Law
3) Real Estate is the Peopletype, not the Stereotype.
4) Always have a "What's In It For Them Attitude (WIIFT)
5) Deals are like buses, if you miss one, wait fifteen minutes and the next one will come around the corner. (You cannot, however, catch a bus from your living room).
Dr. Kessler started investing in 1945 and passed away in 2008 after an incredible investing career of over 63 years. I share his wisdom as a gift for present and future generations of real estate investors. By the way, I work with Dean's program because I see the same kinds of wisdom and integrity in this program.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
you can go to the estate sales in your area and ask if they are interested in selling the property? If it's a company who is handling the sale, give them your business card, and let them know that they can call you with future sales.
Check out tagsellit.com for estate sales http://www.tagsellit.com/estate-sales-in
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Thanks for posting these 51 ways to find properties. if you want to sell your house at right market value then it is best to contact a property buyer company. Visit:calgaryalbertahomesearch.com
Calgary Houses For Sale
I am at a standstill in my business. Information overlaod I think is the problem. This will help me put things in perspective.
Jo Ann
www.willowstreaminvestments.com
www.cashforyourhousemdtowns.com
www.kingswholesalepropertiesmdtowns.com
Jo Ann, This program can certainly be a source of information overload. There are a ton of things provided, all for your benefit, but it comes at you like a fire hose. I've certainly experienced this same overload on multiple occasions, especially when we are trying to combine a new direction--real estate investing--with everything that already exists in our lives.
My solution is that I actually have to envision my life like a huge chest of drawers, and when it comes time for me to work on something with my real estate business, I close my eyes, envision that chest, and close all the drawers from other parts of my life, and open just one--the real estate drawer. I then focus on the task that is most important and get that done. I hope this little visualization tool is helpful.
Thanks also to Valerie and Calgarayalberta for your input and suggestions. Great info, folks!
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
It was my intent that we would add additional methods of finding properties to this string of posts, so as something occurs to me that I have not included previously, I will add here, and encourage others to do the same.
One that could easily have been included in the original list is www.realtor.com, a realtor sponsored national site that includes information on listed properties. I use that frequently to check on properties in my market areas.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Thanks so much for this list. I've tried some of them and will now try the ones I hadn't heard of before. And your advice on system overload is great. I've found myself reading and doing a lot of the recommended action items, then I get overwhelmed and don't know what to do next. This helps.
First, thanks to dmorrell for your positive feedback.
Continuing to add to the list, here are a couple of additional methods of finding properties:
A) emailforeclosures.com (Free source that emails foreclosure listings in a selected area directly to you)
B) Attend Sheriff's Sale or Trustee's Auctions--Properties that are not sold at auctions revert to the lender, they then go through administrative processing and within 1 to 3 weeks, generally, are listed with an agent and available for purchase. By identifying these properties, you can be monitoring with your agent for when the property appears, and already have completed your due diligence.
Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall
Read and learn.
Aaron
Hi Dallin loved that Mr.Kessler he was awesome with lots of knowlegde and great experience in the field of REI, great man and love you to my friend, Jim
jbischoff
he doesn't work for dean anymore. why dont the coaches come and post anymore ? why are no new case studies posted ? DEAN ?
That was me, I talked to one of the trainers at the Success Academy they told me he moved on.
I agree.
Aaron