Today, I’m going to share my 7 favorite strategies to find profitable houses to flip.
There's already a lot online about this. They say to look at expired listings, contact people delinquent on their taxes, send out mailers to the elderly, etc.
But those aren't generally the tactics that yield the best results.
When flipping houses, you're not just looking for distressed sellers. Usually, you're looking to provide a necessary service. You want to purchase a property from someone who needs to sell it, at a fair value, and then renovate it using your knowledge, skills, and connections.
When done right, a house flipper isn't just a real estate investor. They're someone investing in and improving their community. They're putting old and damaged housing stock back onto the market.
So, in looking for "distressed sellers," what I'm really looking for is people that I can help the most. I often find that this doesn't just lead to profit; it leads to a stronger business, a better reputation, and a revitalized community.
So, let's take a deeper look at my favorite strategies for finding houses to flip.
00:00 Intro 02:07 1. Craigslist and Facebook Marketplace 03:23 2. Zillow, Trulia, Etc. 04:32 3. Your Local Neighborhood 05:38 4. Other Local Professionals 06:53 5. Targeted Advertising 07:45 6. Content Marketing and SEO 08:57 7. Already Foreclosed or Seized Properties 10:09 The Old Standbys - And Why They're Not Necessarily That Great 10:39 FAQ