Where To Find Real Estate Investor Leads

in Real-estate
Real estate investing can be a great way to make a living if you know what you are doing. Whether you are a wholesaler or a renovate and flip type of investor, you probably already know that there are many aspects involved in the process. Once you master all the steps necessary to work successful deals in this business, you are still left with the quandary of where to find real estate investor leads. There are different types of leads, as well as different sources that provide them. The key is to find motivated sellers who are interested in selling their homes fast. They will be more willing to accept less for their property, giving you the deal you are looking for.

One type of lead that can bring in the deals are probate leads. A probate property is usually one in which the owner is motivated to sell. There are always a large amount of probate homes in the system at all times, making it a good place for an investor to pick and choose their deals. If you are so inclined, you can get the leads yourself from your local courthouse. While this option doesn't cost you anything, it can be time consuming. There are some great companies out there who sell probate leads. If you take this route, make sure you find a reputable source that sells quality fresh leads.

Another good source for real estate investor leads are pre-foreclosures. These are properties that are in the process of being taken from the homeowner to be sold at auction. A foreclosure is not a good thing to have on one's record, so to avoid this, they may be motivated to sell at a reduced price. While there are some sites that claim to have free pre-foreclosure leads, you have to be careful to make sure they are current. Many of these leads are old and have already been closed. There are companies that sell these leads by the list or with a monthly subscription.

Of course, you can generate your own real estate investor leads through a good marketing campaign. Bandit signs, direct mail (postcards, letters), and flyers advertising your services for distressed/motivated homeowners can be extremely effective. Since advertising costs money, be sure to target your campaign to the specific properties you are interested in. The internet is also a great place to generate your own leads. An attractive website with form that can be filled out has the potential to have sellers coming directly to you.

Whatever combination you decide on to find your leads, it is important to track your results. This way you can tailor your advertising spending wisely. Knowing where your most successful leads are coming from is a must. The goal is to keep a steady stream of fresh real estate leads coming in. This way you will increase the number of deals you close, and increase your success in this business.
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Alex Greyson has 1 articles online

PropertyLeads.com specializes in helping investors find real estate investor leads nationwide.

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Where To Find Real Estate Investor Leads

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This article was published on 2011/02/06