Hello & Good Morning everyone!
I’m new to this board as well as to bird dogging so I have a question.
A few days ago I contacted some investors through e-mail about doing some work for them, they sent me their criteria on what to look for
They pretty much gave me an area of 30 miles to farm, looking for vacant, distressed houses which is cool, he explained that they were also new so in essence it’ll be like we’re all learning together which I like ;D
I pretty much have the general idea but I’m a little foggy on a thing or 2
Does it go something like this:
- Contact investors, tell them you’d like to do some work for them
- Investors send/explain critieria
- You farm particular area
- You find vacant house/distressed house
- Find out who the previous owner was or is
Ok this is where I get kinda fuzzy, after that do I go to City Hall, Dept of Records?
Once I locate the owner, do I give my buyers a call? Or are they supposed to call?
Or do I just bring the buyers the information & let them take it from there?
I’ve been reading so much lately that its all starting to mesh
I’d like to of course build a huge list of buyers but I’m sure that not everyone will be as open & as new as the investors that I found this week so I’m wondering what else should I learn to do?
I’ve been hearing so much about comps, market values, title companies, contracts, etc etc :o
Isn’t that starting to veer off into Flipping territory? :banghead:
Anyway, I’d like to have more investors to work for but I have read alot about how they have had their time wasted by newbies who werent bringing them real deals, I don’t want that to happen to me so what else do I need to bring to the table so that we all can profit? :deal: