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December 05, 2021, 02:25:34 pm
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Author Topic: Found 26 distressed properties......  (Read 5409 times)

Offline akademikjeanius

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Found 26 distressed properties......
« on: March 11, 2005, 10:04:04 pm »
so what would be my next step.  I'm new to this and am trying to get started out wholesaling.  I want to make at least $5,000 in the next month or less.  What should I do now that I've done my own birddogging and found plenty of distressed properties. Should I work on finding motivated sellers first or build a buyers list first?

Offline rcast

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Re:Found 26 distressed properties......
« Reply #1 on: March 12, 2005, 10:20:30 am »
In my humble opinion you need to find the owners of these properties, lock them up, then get your buyers lined up. I do not know where you live but in the DFW area investors are a dime a dozen. If the numbers are right for the investors you should have know problem making at least 5k in ther next 3 weeks. Let us know how it turns out!

Robert
Robert Cast
817-822-0270
www.cashforhomesasap.com

Offline akademikjeanius

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Re:Found 26 distressed properties......
« Reply #2 on: March 13, 2005, 12:54:40 pm »
How would I go about finding the owners.  I'm about to become a member of my local R.E.I.A so I know how to find buyers.  Just need to contact owners.  Someone, Anyone with advice would be greatly appreciated. Thanks in advance and thanks robert for you advice.

Offline MRI

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Re:Found 26 distressed properties......
« Reply #3 on: March 13, 2005, 03:28:23 pm »
The best way to start tracking down owners is by using property tax information.  I live in Detroit, MI and the property tax info is available free online.  

Where do you live anyway?

I wish you much success in your new venture!

:)
« Last Edit: March 13, 2005, 03:29:21 pm by MRI »

Offline akademikjeanius

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Re:Found 26 distressed properties......
« Reply #4 on: March 13, 2005, 04:31:26 pm »
I live in Dayton, OH. How do I find out if its offered free in Dayton?

Offline MRI

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Re:Found 26 distressed properties......
« Reply #5 on: March 13, 2005, 05:13:39 pm »
Are you in Montgomery county?  Here is the web address:

www.co.montgomery.oh.us

Click on "Real Estate Taxes"

you can also try www.ci.dayton.oh.us - although I could not get the page to load when I tried.

Hope this helps!

Offline kimdrake

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Re:Found 26 distressed properties......
« Reply #6 on: March 13, 2005, 05:47:23 pm »
MRI-what site are you using for Detroit? The city website that I am aware of was last updated in 2002!

Offline akademikjeanius

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Re:Found 26 distressed properties......
« Reply #7 on: March 13, 2005, 06:41:32 pm »
thanks MRI.  I did that and found all of the owners names and a few of the owners actual addresses but a majority of their current addresses were still listed as the abandon homes.  What should I do now?

Offline kimesha

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Re:Found 26 distressed properties......
« Reply #8 on: March 13, 2005, 08:13:55 pm »
you should send a letter anyway, maybe they put a change of address in & it will still get forwarded. if it comes back as forwarding order expired you might want to try to develop a relationship with the letter carrier for that street$$$. he /she may have the forwarding address on file. P.S. i know this because i am a letter carrier & this is how attorneys and courts track down people. to make it easier there are web site that also charge a small service. i can't remember any off hand.anybody wanna help me out 8)
i can make excuses or i can make money but i can't do both!

Offline MRI

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Re:Found 26 distressed properties......
« Reply #9 on: March 14, 2005, 04:35:09 pm »
kimdrake

I am using the following sites:

www.ci.detroit.mi.us
www.waynecountylandrecords.com
www.waynecounty.com/pta/

these three sites...plus a fair amount of detective work!
It takes time and patience when you are using these sites since you are limited in how you can search (without paying a fee).

:)

Offline retlaw2005

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Re:Found 26 distressed properties......
« Reply #10 on: March 23, 2005, 03:24:55 pm »
Hey kimdrake and MRI,

How are you guys. I am from the Detroit westside area as well and I am having problems with my HML. I am using a small lending company, Advance Funding, and I submitted info on the house I have on contract around 2 weeks ago and the HML haven't got back with me yet. I am serious about contacting another HML. How do I find a good and fast HML I can contact. Your help will greatly be appreciated. Thank you.

Walt
« Last Edit: May 17, 2005, 07:52:43 am by TRandle »
Walt
Michigan
[email protected]

Offline kimdrake

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Re:Found 26 distressed properties......
« Reply #11 on: March 23, 2005, 04:59:35 pm »
Hi Walt,

Sorry, I haven't used any, so can't recommend a good one that way.

A man named Wayne Turner with RealFi goes to a lot of the REIA meetings. His phone number is 248-886-0000.  

Kim

 




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