Property Franchise - how to get landlords 5 Ways to Find Absentee Owners 2 months ago 05:05
5 Ways to Find Absentee Owners Property Franchise - how to get landlords 2 months ago 06:37
How Do Investors Build Absentee Owner Lists? Here’s a Quick Video Explaining How To Build An Absentee Owner List....
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Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got a quick video explaining how to find absentee owners, AND, out-of-state owners
Who should you consider for your absentee owner list?
- Vacation Home Owners
- Divorced Owners
- Estate Settlements
- Long Vacant/Long For Sale DOM
- Out-of-State Owners
- Tired Landlords
**You are looking for an owner whose address is different than the property address.
- Each city should have an online public record - Search “Your County” Public Records
- Good for Individual searches: Addresses, name, etc..
- can search divorce records, estate records
- can go to courthouse to look up documents in person
- hire someone to go to courthouse for you
- tax records show non-resident mailing addresses
Befriend a Realtor
- Access to their MLS
- Search - Long DOMs, Owner vs. Address
- Trade Off: Referral fees, passive leads from sellers you don’t work with, non-licensed agent assistant, etc...
Use a Title Company
- Best for investors who have closed deals with the title company
- They work with investors everyday, even out-of-state - Good Referral Source
- Trade Off: For an absentee owners list, you bring them any business generated from these leads
- ListSource.com - Highly filtered, 200-250 names can be around $50-100
- Other List Services
- Driving for dollars For Rent Signs
- look up property address in tax records
- get copy of eviction lists at JP courts
- newspaper ads
- online ad sites
Keep an organized excel sheet of your leads. If you aren’t good with Excel, hire a VA, to manage your data entry. Staying organized will only make this process a lot easier for you later down the road. You could essentially be building a VERY high value list.
Building absentee owners lists are not always expensive. There are many ways for new investors to get started without any marketing budget. With public records being so available, it really comes down to the time and research you are willing to put forth.
Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing.