The Science of Flipping - The TOP 3 Best Lists For Motivated Sellers

Starting point is 00:00:00 To answer the question, those are the best avenues to find your deals right now as a moment in time. yo yo welcome back to the science of flipping podcast i am your host justin colby and this episode is brought to you by our main sponsor minutepages.com if you do not yet have a website for your company this is the service you need. MinutePages.com, it is professional, it creates credibility, it creates influence, and it creates authority in your market. If you are a real estate investor or an inspiring real estate investor, this is the website you need at an affordable cost. MinutePages.com, go check them out. All right, guys, so one of the main questions I get from my students and just from people in general is what are my top three lists to go after when marketing to sellers?

Starting point is 00:01:17 Now, there's all different motivation levels, I would tell you, and so a lot of people say motivated seller. Well, there's extremely motivated, like desperate to sell motivated seller well there's extremely motivated like desperate to sell and then there's pretty motivated and then there's not really motivated and then there's just not interested in selling but i'm going to give you my three top lists that i'm getting deals with right now through my marketing strategies cool if you're watching me on youtube make sure you smash the like button and if you have not yet subscribed make sure you subscribe to my channel the word is subscribe and if you're listening to this on itunes make sure you give me a five star review i would greatly appreciate it now again the question is what are

Starting point is 00:01:57 the three main lists or sources that i'm currently getting deals that i highly suggest you guys to follow well first and foremost right now out of the gate, we are doing very well on Privy. The website is www.privytsof.com. It is a resource online that you actually are able to use to work MLS deals in multiple markets. Now, I know some of you are thinking right now, well, that's not off market and I've been told to do off market. Well, I'm not telling you you're told wrong. In fact, I'm going to give you a couple of lists right now to work off market, but roughly three to five deals a week, I am actually getting done on market and it's because they are still motivated sellers. So i have conversations with

Starting point is 00:02:45 the realtor i figure out whether the realtor is going to represent me or not whether i need to be represented by a realtor or not or if i can just come in unrepresented what we are seeing is we're contracting anywhere from one to two every single day and we are closing three to five deals through this one strategy right now privy is just something i've been wishing for for years and years and years which can give me access to the mls in multiple markets we are rocking florida we're rocking oklahoma we're rocking indianapolis we are rocking a bunch of different markets because i have actual MLS data. The secret here is knowing where your buyers are looking to buy if you're a wholesaler, knowing what percentage of ARV. This is a no-brainer for all of you. Again,

Starting point is 00:03:34 privytsof.com is where you get it. If you use promo code SCIENCE1, you actually can sign up for $1 for the first seven days. Science one, but you must go to privytsof.com. That is the first place. I would tell each and every one of you, whether you're experienced or just getting started, that is your first place to go get deals. The second list that I will use over and over again with all marketing strategies is gonna be my absentee homeowner

Starting point is 00:04:05 list. Absentee homeowners are typically landlords. Sometimes they don't even have tenants and that's the ideal scenario. They're either sick and tired of being a landlord. The house is vacant, so they're not collecting any rents. There's too many issues to repair. They can't financially deal with it. This is the number one list. Absenteentee homeowners the very best place to get each and every list you possibly would ever want is reileadmachine.net reileadmachine.net has each and every of the highest motivated seller list that there are out there that you can find anything you want. In fact, they even have an AI component, which I'm not gonna speak about here, but they do have an AI component,

Starting point is 00:04:50 which basically filters all of the highest motivating factors, consumer credit card debt to mortgage payment to income. They look at absolutely everything and they filter all 17 of these layers to find the most highest likely sellers that you possibly can find in each market. That is incredible, but you can only get it at reileadmachine.net. The next list that I absolutely love, so we just went over

Starting point is 00:05:22 absentee homeowners. I sprinkled in some information about their rei leads machine net but then we also have what I believe to be something that's going to be pretty hot and heavy coming up soon and this is the notice the default or pre foreclosure list we are actively starting to see people not being able to afford their home and that should be triggering you to be trying to reach out to them their home. And that should be triggering you to be trying to reach out to them. Now, this is not going to be your biggest list. And I do not believe there's going to be a massive foreclosure wave. I just don't. Blackstone, for example, just went and

Starting point is 00:05:57 raised $50 billion to buy real estate. So I'm telling you you i don't believe there's going to be this wave of foreclosures like so many people have said there will be but there will be people in financial hardship that are starting to miss payments or not pay their taxes now the pre foreclosure list is about their mortgage but if you want me to sprinkle in one extra list for you as a bonus i would say the tax lien list would be the next. Reason being is the taxes in the first position loan, they have the highest reasons and ability to foreclose on somebody. So if someone has not paid their taxes or if they're not currently paying their loan, those are going to be incredibly motivated sellers. So those are the avenues that I

Starting point is 00:06:43 go after, highly motivated sellers. There's a gradient avenues that I go after highly motivated sellers. There's a gradient of motivation and you're going to find the A, B, Cs, and Ds all throughout these lists. So I'll repeat them just so you guys know. PrivyTSOF.com, it gives you access to roughly 45 MLS locations across the nation. You call the agent, you make your offer, they can either represent you, get both sides or you can have an agent represent you you should be able to do at least one deal a week through privy privy tsof.com promo code science one the next is you want to use absentee homeowners those are typically tired landlords or landlords that have a vacant property they don't want to deal

Starting point is 00:07:23 with it anymore they want out if you want to find that list you can go to reileadmachine.net you also have pre-foreclosures or tax liens both of those you also can find at reileadmachine.net and lastly I'll say reileadmachine.net also has this AI component that filters out the highest motivating factors from 17 different data points to find people who have the highest level of motivation. Now, that is something that you can't find anywhere else. Go to reileadmachine.net. Those are going to be the best list you guys can be working right now. You can be calling them. You can be texting them. You should be sending mail. You should be doing everything with all of these lists and making offers on Privy. So

Starting point is 00:08:09 to answer the question, those are the best avenues to find your deals right now as a moment in time. Always be diversified. Always be fluid. And if you have not yet, smash that like button. Make sure you subscribe. if you're listening on itunes make sure you give me a five-star review and i'll see you on the next podcast peace

The Science of Flipping - The TOP 3 Best Lists For Motivated Sellers

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.