How to Find House Flipping Deals
Finding Houses to Flip
Create a System in your Real Estate Investment Business
With a system, you don't have to walk around all day freaking out and stressed. You can have time on your hands and enjoy your day.
A system is a series of organized strategies. I've organized these strategies in the way that the alphabet is organized from A to Z.
My Flip and Grow Rich System gives you strategies for finding deals and money, hiring and managing contractors, selling houses, and making your money safe.
You want your system to bring deals to you. You don't have to work hard looking for deals. I much prefer smart work to hard work.
Set up your system to have several ways of finding deals. Working with attorneys who sue insurance companies and builders is a great strategy. However, if you want an abundant supply of deals, you need a systematic way of having motivated sellers come to you.
You never want to be locked into only a few ways of finding deals. The more you have people sending you deals, the less you have to work at chasing the dollar.
Find House Flipping Deals in Foreclosures
You Can Help People Who Face Forclosure
You can find homeowners facing foreclosure in several ways:
1. County records - The county releases lists of homeowners who are in default of their mortgage loans. In this case, the banks are foreclosing on them.
2. County tax assessor - The tax assessor releases lists of homeowners who have not paid taxes for a length of time. The county is foreclosing on the property.
3. Competitors - Competitors sometimes refer homeowners who are in foreclosure. For various reasons, these competitors do not want to do the deal. Typically, such a person earns a referral fee when a deal closes.
4. Mail - Homeowners respond to fliers sent through the mail.
it would have relieved so much stress if an investor bought my property while I was in foreclosure.
The truth is tens of thousands of people are out there facing foreclosure right now and they don't know that an investor can help. It's our job to relieve that stress from people, and then we turn safe profits.
After being on both sides of foreclosure, I know that this business really does help motivated sellers.
For more information here is my website.
House Flipping Can Have Unintended Consequences
Consequenses can be GOOD
This is your chance to TALK BACK to me. I want to hear your thoughts.
Did you learn anything from this lens? Please let me know how I'm doing.
The INSIDE DIRT on House Flipping
This is where you can get the INSIDE DIRT on me, my business, and how I can help you with your house flipping business.
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