DFW REI Club

 Dallas/Fort Worth Real Estate Investor Club

How to find vacant properties?

  • 18 Jun 2017 9:10 PM
    Message # 4906594
    Is there a source on finding vacant properties?


    Thanks,

    Amanda

  • 19 Jun 2017 3:42 AM
    Reply # 4907026 on 4906594

    That is going to be the hard problem to solve for any investor.  You can look in MLS, but most good deals don't make it there.  You can try wholesalers, sometimes their prices are right. You can try auctions, you might be able to get a good deal. It's a competitive market so everyone is looking for the same thing as you.

    I think you have to network and market yourself.  Generate contacts that will help you get into the deals you are looking for. It will take time and effort but will be worth it in the end.

    I hope this helps,
      Neil Aggarwal
      NSA Partners, Ltd.

  • 19 Jun 2017 6:38 AM
    Reply # 4907281 on 4906594
    Robin Carriger (Administrator)

    Amanda,

    Give me a call at 817-300-1132.  I have a lead generation source that might interest you.

    Thanks,

    Robin

  • 22 Jun 2017 2:25 AM
    Reply # 4912199 on 4906594

    Keep it simple... Drive for $$$'s. Closing a $13,500 this week from it.

  • 23 Jun 2017 8:12 AM
    Reply # 4914060 on 4912199
    Israel Ramirez wrote:

    Keep it simple... Drive for $$$'s. Closing a $13,500 this week from it.


    Hey Isreal, what are you planning to do with the property?  I have buyers that love to acquire destroyed houses.  Give me a call at 972-834-1565.

    Thanks,
      Neil

  • 24 Jun 2017 3:20 AM
    Reply # 4915313 on 4906594

    Sorry I missed your call Neil. Property is already in escrow to close with buyer.

  • 25 Jun 2017 8:33 AM
    Reply # 4916657 on 4906594

    Thanks for letting me know.  Give me a call when you get a chance.  I have buyers that are always looking for properties.

    Thanks,
      Neil

  • 30 Jul 2017 11:42 PM
    Reply # 5003348 on 4906594

    I just drive around, an area of interest.    tall grass, unkept, shades down are a giveaway.  note the address and look it up when you get home (out of state owner, tax database etc).

    if it is clearly obvious/eye sore talk to the neighbors.  they love talking about what's going on, and may have a name/address/phone etc. 

    I am a W-2 person, so I made it a point to drive a different street to work each and every day.  knew every empty house in the area.


     




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