PART -1
By SOUAD MEHDOUN
Wholesaling is the process of finding and contracting a property with a motivated seller and then assigning that contract to a buyer for a fee.
Key points:
Finding Motivated Homeowner - A motivated homeowner is a seller who is eager to sell their property quickly, often due to financial or personal reasons.
Key points:
A list of properties that are delinquent on their utilities and or taxes. Please provide full address, name as well as balance owed
A list of properties with code violations on them for the last 6 months. Please include full address and owners name
A list of properties flagged abandoned or vacant. Most municipalities keep one available
Also known as lis pendens. The homeowner has been served with a NOD notice of default
A list of these homes is kept in the probate department in evey town
Public County records are sometimes given in the worst format possible . Many wholesalers won't go the extra step of taking these lists formatting them into an excel and skip tracing for phone numbers. This makes it a huge opportunity if you're willing to put in the extra work to get less saturated lists
These four software tools provide real estate investors with powerful resources for finding, analyzing, managing, and closing deals. Prop Stream and BatchLeads provide data and leads, while Privy and Flippster provide deal management and analysis tools.
Prop Stream is a real estate data platform that provides investors with access to property data, leads, and analytics. With Prop Stream, investors can search for properties using filters such as location, property type, and price range. Prop Stream also provides access to MLS data, foreclosure data, and demographic data.
BatchLeads is a lead generation tool that helps real estate investors find motivated sellers. With BatchLeads, investors can access lists of properties that are in pre-foreclosure, probate, or bankruptcy. Investors can also use BatchLeads to skip trace phone numbers and email addresses for property owners.
Podio is a cloud collaboration software that aims to structure most aspects of your business. This alone doesnβt make Podio very unique. But how Podio does collaboration is what really sets them apart. The software tries to be as malleable as possible to ensure they are the right fit for any business.
Privy is a real estate software platform that helps investors manage their deals, including acquisitions, rehabbing, and sales. With Privy, investors can track their deals from start to finish, including tasks, documents, and financials. Privy also provides tools for deal analysis and investor reporting.
Flippster is a real estate software platform that helps investors analyze deals and make informed investment decisions. With Flippster, investors can input their investment criteria and receive a list of potential deals that meet their requirements. Flippster also provides tools for deal analysis, including property valuation, repair estimates, and ROI calculations.
Skiptracing is the process of finding the phone, email, or other contact information on a potential property lead. When Skiptracing, there are several options out there in helping Some are paid, and some are not.
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