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How to Find & Wholesale VACANT Houses!

7.2K views
•
April 26, 2021
by
Flip With Rick
YouTube video player
How to Find & Wholesale VACANT Houses!

TL;DR

Learn how to find, market, and wholesale vacant properties for big assignment fees in real estate wholesaling.

Transcript

how to find and wholesale vacant houses what's up guys zack in here with flip with rick and in today's video i'm going to show you exactly how to find vacant properties and how to wholesale them for big assignment fees and yes i'm going to break down exactly what is the vacant list how these big companies actually are pulling this list and truthful... Read More

Key Insights

  • ❓ Vacant properties pose as lucrative opportunities due to motivated sellers seeking to unload liabilities.
  • 👂 Obtaining vacant property lists involves identifying long-term unoccupied homes through US Postal Service signals.
  • 🥶 Marketing strategies for vacant properties include SMS, cold calling, RVM, and direct mail to reach motivated sellers effectively.
  • 🏛️ Wholesaling vacant properties involves securing discounted contracts, building rapport with sellers, and assigning the contract for profit.

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Questions & Answers

Q: What defines a vacant property in real estate wholesaling?

Vacant properties are homes unoccupied and often in distress, making them motivated sellers looking to offload a liability for cash quickly.

Q: How can one obtain a vacant property list for marketing purposes?

Vacant property lists are obtained through services like listrei.com, which compile data on unoccupied properties based on signals from the US Postal Service.

Q: What distinguishes a vacant property lead from an absentee owner lead?

Vacant property owners are absent and negligent, resulting in distressed homes needing urgent attention, while absentee owners have other residences and are less motivated to sell.

Q: What are the key marketing channels for wholesaling vacant properties?

SMS text blasting, cold calling, RVM, and direct mail are effective marketing channels for reaching out to motivated sellers of vacant properties.

Summary & Key Takeaways

  • Vacant properties are houses nobody lives in, often inherited or distressed, making them highly motivated sellers.

  • Vacant property lists are obtained from the US Postal Service after identifying long-term unoccupied properties.

  • Marketing vacant properties can be done through SMS, cold calling, RVM, or direct mail to find motivated sellers.


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