Vladimir’s Real Estate Services Inc to Parsons, Travis & Makaela, 1323 N 102nd St., . Ireland, Mike & Sandy to Willmes, Steven J, 617 Pier 2, $459,900.
What’s the best way to start real estate investing?
1. Advertise in a newsletter
2. Place a classified ad or flyer in your daily newspaper.
Place weekly/monthly ads in the
Penny saver or other local weekly city paper.
homeowner’s association, church bulletin, school newsletter, chamber of
commerce, specialized industry.
4. Place an ad in the local
Yellow Pages (print or online) – they even have targeted books just for certain
5. Place an ad in online
classifieds – Craigslist, Merchant Circle, EBay, etc.
6. Advertise a website using
free search engine optimization (SEO), backlinks, etc.
7. Advertise a website using
pay-per-click and ad words – Google, Yahoo, Bing, etc.
8. Advertise using online paid
ads on various websites and mobile apps.
9. Create a real estate blog
10. Search the MLS for junker
11. Search the MLS for recently
12. Search the MLS for recently
13. Search the MLS for old
stale listings – listed for 90 days or more.
14. Search the MLS for REOs and
15. Search the MLS for specific
key words – “foreclosure, probate, fixer upper, etc.”
16. Hire a Realtor to help you
find a great deal or one not yet in the MLS.
17. Bandit signs (little cheapo
signs by the side of the road or nailed to a phone pole) – signs may be illegal
in some jurisdictions so check before putting them out.
18. Drive neighborhoods looking
for For Sale by Owners / FSBO’s
19. Call for sale by owner ads
in newspapers, Craigslist, other classifieds. (Watch the Do Not Call
20. Network on sites like
Facebook, Twitter, and LinkedIn with people looking to sell.
21. Contact landlords who are
evicting a tenant.
22. Contact landlords with
properties for rent.
23. Contact multi-family
property owners – there are lots of tired landlords.
24. Contact commercial property
owners – there are lots of people looking to sell or close their business if
they got the right offer.
25. Pre-foreclosure and lis
26. Foreclosure auctions.
27. Sherriff sale auctions.
28. HUD home auctions.
29. Tax deed auctions
30. EBay and online auctions.
31. Private auctions conducted
by auctioneers – online, on-site, or in a hotel ballroom.
32. Contact probate owned
33. Contact people holding estate
sales to see if the house is also for sale.
34. Contact divorce forced sales.
35. Contact people holding garage
sales and yard sales to see if the house is also for sale.
36. Properties with outstanding
building, health code, or code enforcement violations.
37. Properties with insurance claims
– fire, storm, sinkhole, earthquake, etc.
38. Contact out of state owners and
39. Networking with professional
people – attorneys, accountants, financial planners, surveyors, etc.
40. Network with service providers –
lawnmower service, pool service, contractors, roofers, handyman, etc.
41. Network with your sphere of
influence – hand out your business cards to everyone you know.
42. Join a local networking
group – chamber of commerce, Kiwanis club, garden club.
43. Network at your local real
estate investment or landlord association.
44. Post ads with large employers,
military bases, hospitals, relocation companies.
45. Bird dogs that scout for deals
and bring them to you. (Paying a bird dog fee to unlicensed people may be illegal
in some states, so make sure to obey the law).
46. Buy from a property wholesaler.
47. Magnetic car sign.
48. Bus stop benches.
49. Shopping cart ads.
50. Billboards and other outdoor
51. Ads at venues – bowling alleys,
movie theaters, sports stadiums, baseball fields.
52. Ads on taxi cabs, buses, and
other vehicles – mobile billboards.
53. Clothing – T-shirts, baseball
hats, and book bags with your ad on them.
54. Accessories to hand out –
magnetic calendars, ball point pens, drink holders with your ad on them.
55. Sponsor a sports team and
advertise on their uniforms.
56. Canvassing a neighborhood,
talk to neighbors, door hangers/fliers
57. Radio ads and paid
58. Television ads.
59. Direct mail and postcards – expired
listings, pre-foreclosure, probate, delinquent taxes, liens, absentee owners.
60. Private money lenders or people
holding seller financing that might consider selling their mortgage at a
discount in lieu of avoiding foreclosure.
61. People who have done a mortgage
modification or had a foreclosure dismissed within the recent past – odds are
they are still struggling.
62. Property owners in bankruptcy.
63. Property owners with tax liens,
judgments, or construction liens recorded against them.
64. Contact the person that owns the
judgment or construction lien that might sell at a discount instead of trying
65. Property owners with HOA or condo
liens recorded against them.
66. Drive neighborhoods looking for
vacant and abandoned homes.
67. Properties with title problems.
68. Properties on state/county
government lands available for sale list.
69. Properties that can be combined
with others to make the whole parcel more valuable.
70. Properties that can have the
zoning or land use changed to make the parcel more valuable.
71. Builders with excess inventory of
homes for sale.
72. Government agencies – FDIC, SBA,
USDA, VA, RICO, U.S. Customs, other federal, state, county, and city – all have
surplus, foreclosed, and seized properties.
73. Properties with
environmental contamination or brownfields.
74. Condominium conversions
with multitudes of unsold units.
75. Developers with unsold
empty lots and other inventory.
76. IRS Auctions.
77. Appraisers and Realtors®
doing price opinions (BPOs) on foreclosures.
78. Houses with overgrown yards
and high grass.
79. Houses with blue tarps on
80. Houses with boarded up
doors and windows.
81. Contact community banks and
credit unions regarding their REO inventory.
82. Contact finance companies
regarding their delinquent loans and REO inventory.
83. Contact bail bondsman
regarding their delinquent loans and REO inventory.
84. Network with credit repair
companies to assist their customers that must sell.
85. Farm specific neighborhoods
and become the resident expert.
86. Funeral homes and
87. Network with real estate
servicers – title companies, insurance agents, mortgage brokers and lenders –
everybody knows someone in distress.
88. Old people in big houses –
89. Mobile home parks that
allow rental units – get to know the park manager.
90. Network with home
91. Network with termite (WDO)
and pest control companies.
92. Network with moving
93. Local housing authority
with a list of Section 8 landlords.
94. Door hanger flyers.
95. Pizza boxes.
96. Mail carrier and other
delivery people. They know the empty houses in the area.
97. Free & clear houses.
They might sell with seller financing.
98. Move-up buyers.
People that need to sell and get a bigger house but feel stuck.
99. Military transferees.
100. Properties that can be
subdivided or re-developed.
101.Vacant or Abandon properties
102. Tired Landlords
103. List of eviction court attendants
104.Landlords who own more than one property with back taxes
105.Property Owners whose assessment went up
106.properties that were owned by investors that went out of business
107.Tax delinquent home owners
108. Place we buy houses flyers/ business cards at unemployment offices
109. Keep brainstorming for new ideas
… be creative.
Hope that gets you started !!!