Calling for rent signs to find motivated sellers is one of those "hidden-in plain-sight" strategies to finding deals - (thanks Marcel). With this particular strategy, we are hoping to find a tired landlord who's just fed up with being a landlord.
In this video, you will here me as I call on one of the for rent signs myself and my partner Margaret came across while cruisin' for cash just a few days earlier.
Unfortunately, there is some interference on the call, but bare with me, it does clears up.
Action Steps:
1. Take note of the For Rent signs in your daily travels.
2. Write down the number (SAFELY) on the sign.
3. Call the owner and explain that you saw his/her sign at
123 Main St., and you were wondering if they have OTHER
properties that he/she would be interested in selling. If yes,
ask them to tell you about the property - #of rooms, baths,
etc. Schedule an appointment to see the property, then make an
offer after you've gathered all of your information.
4. If no, ask if they would be interested in BUYING more properties.
If yes, where, what price point, etc. If you have a property that
meets their buying criteria, lay it on 'em!
4. Keep dialing!
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
(Calling for Rent Signs to Find MOTIVATED Sellers) - ***Live Call***
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About Me
- ThatPhillyWholesalerChick
- Philadelphia, Pa, United States
- My interest in real estate was ignited in the process of buying my home back in 1997. Not knowing where to start, I purchased one of those late night t.v. home study courses, and any book that screamed real estate investing. But sadly, I did what so many do when starting out - NOTHING! It was until years later, after having enough of the roller coaster ride of frequent layoffs, did I really start to seriously INVEST in myself and the quality of education that would put me on the FAST TRACK of my real estate investing career.
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