I’m a newbie with a 2 Part Question.
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It seems to me that there are more properties online on fsbo sites and the like than driving around local neighborhoods not to mention the obvious advantages of cost, fuel and time efficiency which comes with online research. Has anyone else found this to be true or is driving around the only way to go?
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For that matter, I’ve found some online investors who claim ‘just send us some property info and we’ll pay you when it closes’. Are any of these sites worth bothering with?
Thanks for all your help.
Hi,
As a bird dog you need to work all the sources you can find!
Your going to work the:
- Bandit signs
- FSBO listings
- Place free ads everywhere you can
- Network
- Search divorce filings
- Search death notices
- Search REO listings
- Advertise “we buy really bad houses”
- Let every friend you know, know you buy real estate
- Put up signs on bulletin boards at grocery stores, etc
- Let contractors and service people know you buy real estate
- Ask local real estate agents know to call you if they find the “un-sellable house from hell”
- Circulate flyers that say “I want ugly, distresses, trash filled houses, we close all cash”
- Ask for referals from termite and pest control companies “We buy pest infected, termite riddened homes all cash fast”
- Search tax record for unpaid property taxes and send owner yellow letter “We can solve those tax problems fast”
You get the idea! Do you need to drive around the neighborhood, not a whole lot as a lot of this can be done around regular things we do every day!
GR
You aren’t the first, nor will you be the last newbie who has searched for the “easy” way to make money.
As Goldriver stated, a bird dog is expected to “shake the trees” get out on the streets and find the deals, BEFORE they become listed. The internet rarely has the hottest deals. They are usually picked up quickly by investors.
Why would they hire someone to surf the internet when they could do that from home, in their easy chair.
[quote2. For that matter, I’ve found some online investors who claim ‘just send us some property info and we’ll pay you when it closes’. Are any of these sites worth bothering with?
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I think you can probably answer this one yourself. :rolleyes
Thanks, guys, for all the ideas!
These “investor sites” would actually be a great idea if there was a way to monitor the deal to make sure you’re not getting ripped off but there is no way.
You’re obviously a very reputable poster GR or you would have included them in your list!