Читать книгу Sandwich Lease Options: Your Complete Guide to Understanding Sandwich Lease Options - Wendy Patton - Страница 19

The kind of motivation you are looking for is not someone just wanting to sell their house but someone who needs to get rid of either their good debt or their bad debt. These sellers won’t come knocking on my door, however, nor are they ever obvious. You must try several different approaches and determine what works best in your area. It’s a bit like fishing. Try a spot and a lure and see if they work. If they don’t work, move to a different spot and try on new lure. Here are some ways that have worked for my students and me over the years:

1.Craigslist - Craigslist is my favorite way to find sellers. I like it for 2 reasons:

1)Everyone uses it now

2)It is FREE

I look in Craigslist for the “For Rent” properties. You can find homeowners in there who have not been able to sell and that is why they have decided to rent their home themselves. You will also find Real Estate agents trying to rent homes for their clients along with property managers (in most states they must also be licensed agents) advertising their homes for lease. See later in this section what to say to sellers when you do call them. Talking to Realtors is a little different and is covered later on in this book. Check out my bookstore on my site www.wendypatton.com to get your copy today.

2.Bandit signs – Bandit signs are the small signs you see on the street corners or on telephone poles around your city. They are called bandit signs because in many cities they are illegal to post and you can be fined, but investors still put them out and take the risk of the fine over the potential profit of a deal they may bring. They might say “Cash for Your Home” or “Stop Foreclosure,” etc. One of the advantages of buying a house on a busy street is to be able to advertise with a bandit sign in your own yard. Then it may not be illegal. Check with your city to see what its ordinance states. An investor I know owns 30 houses in a subdivision. She purposefully bought the one on the busy entrance corner so that she could advertise on the lawn and pull people back into the subdivision to look at the other houses. There are many companies that make these signs and they are not expensive. This way, if you lose them, someone removes them or they blow away, it does not cost you much.

3.Advertisements in the newspaper – Generally I find my sellers through ads either they have placed in the paper or ads I have placed in the paper to fish them out. There are several ads that you can run that will attract sellers to call you. Several of my favorite ads are: