14 Sharp Ways To Find Deals

leads Today’s lesson is all about how to find great deals...

Some of these methods you may know about, but others I’m going to present today are most likely new strategies that you can begin working on today. Sources you probably haven’t thought about.

Hey Moguls, Matt Andrews here, to share with you not only some new deal-getting methods, but I’m also going to give you some great actionable info about several of these as well.

So let’s run through my list and touch on these ideas, so you can see how you can get great deals from these sources…

The First Set

1. Direct Mail – The way my business uses DM is by hiring companies to target and send out postcards and letters to distressed owners, absentee landlords or homeowners that own the home but live in another state (these owners might be investors). Basically, we’re using DM as a way to get motivated sellers to call us. And it works.

2. Internet – Obviously, this is a big, general, wide (pun intended) category. There are so many ways you can create and find deals using the net. Just social media alone can be a gold mine – marketing on Facebook and YouTube. Heck, there’s even software you can use to cull through leads to find the leads that interest you.

3. Expired Listing – So this one is simple, but it’s super effective. This is people who were selling their house on the MLS, and the Realtor they hired was not able to sell it for whatever reason, so the listing expired. All of those expired listings are people who probably still want to sell their home, and there’s a really good chance that they’re motivated sellers who will sell their property to you for a discount if you reach out to them. This is an awesome way to find some killer, exclusive deals.

4. Networking – This is a general idea, but certainly worth mentioning toward the top here. You want to talk to everyone and anyone about what you do… whether it’s wholesaling, fix & flips, etc. And, all the other real estate professionals and investors around you and in your area – don’t view them as competition – when they can actually be a good source of properties for you.

5. Bandit Signs – I’ve used these for a long time to find deals. The wording on these signs is music to a desperate seller’s ears… people who need to sell asap but can’t go through the regular channels to sell. Bandit signs are fairly low cost and easy to put out, or you can hire someone on the cheap to put them out for you. They can say something like:

Need to Sell Your House Today?
Call me at XXX.XXX.XXXX

Will Buy Your House for Cash
Call me XXX.XXX.XXXX

I’ll Buy Your House in 3 Days – All Cash
XXX.XXX.XXXX

6. Short Sales – While the circumstances surrounding short sales can be unfortunate, it’s a smart idea to build a pipeline for short sale leads. Think of it as one more consistent tool in your lead gen toolbelt.

So, these first 6 methods are great ways to really put the pedal to the metal for finding deals. And you can begin taking action on them – today.

Now, let me briefly mention the other methods to get your wheels spinning a bit more – in a good way – with even more possibilities for finding deals…

The Second Set

Let these ideas percolate a little, and then get moving on finding leads using these sources…

7. REOs

8. Government Sources

9. Asset Managers

10. Investors

11. Appraisers/Inspectors

12. Lenders

13. Hedge Funds

14. Real Estate Attorneys

Look, this is all about finding exclusive deals – that’s the key – exclusive deals that every other investor can’t find. Using some of these methods I’ve given you is exactly how to do that.

Keep in mind that this is not just about knowing the sources for finding deals, you’ve also got to have the right team and process in place to actually land and close on the deals.

But, knowing where to find the deals is definitely a good place to start, friends.