258: Rookie Reply: How to Find Out Who Owns a Property and Direct Mail 101

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 4 February 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

You stumble across the perfect rental property, but you don’t know who owns it. So what do you do? Walk up the door and present an offer? Ask the neighbors? Or, is there a better way to do some sneaky searching that could land you the perfect off-market real estate deal? The rookies want to know, and on this Rookie Reply, we’ll get into EXACTLY how to do this, even if you’re starting without much money! We’re back for one of our last live Rookie Reply episodes! This time, we’re touching on questions about finding off-market property information, what to include in your direct mail letters, and why a home wouldn’t qualify for a mortgage. We’ll also hit on commonly asked title questions and whether or not you can buy real estate while underwater on another mortgage. So, if you’re trying to get your next deal off-market, this is the perfect episode to listen to a few times through! If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover How to find property owner information for free and skip tracing services to try Why you should NEVER put your offer on a direct mail letter Why a home won’t qualify for a mortgage and what to do if you can’t get funding Title insurance and whether or not it’s really necessary when buying a rental property Why you ALWAYS need a property inspection when purchasing a new home Underwater mortgages and whether or not you can buy property if you have one And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets BiggerPockets Pro Real Estate Rookie Facebook Group BiggerPockets Forums BiggerPockets Events Invelo PropStream Whitepages Bret Daniels' Youtube Channel Max Maxwell's Youtube Channel Nate Robbins' Instagram Connect with Ashley and Tony: Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/rookie-258 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie episode 258, so one of the first ways that you can look at a property
0:07.9	for free and get some information on it is going to your county's GIS mapping system.
0:14.0	So if you know what county this property is that you just drove by,
0:18.1	you're going to Google eerie county GIS mapping system. It will take you to the county website where
0:23.6	there's a link to their mapping system where you can put in the address of the property you can
0:29.9	kind of zoom in on a map on the property. And it's going to give you some generic details
0:35.3	about the property. My name is Ashley Care and I'm here with my co-host, Tony Robinson.
0:40.1	And welcome to the Real Estate Rookie podcast where every week, twice a week we bring you the
0:44.2	inspiration, motivation, and stories you need to hear to kickstart your investing journey.
0:49.1	And today I want to shout out Chad and Emily who left us a 5-star review and Apple podcast.
0:54.4	They say a long time BP listener, but I love the way the hosts keep it simple and actionable.
0:59.6	If you're just beginning and don't need deeper understanding of the nuances and real estate,
1:03.2	this is where to start. Using this podcast and other BP content, we have purchased an investment
1:07.7	triplex last year, even during these hot market conditions and now have the lot next door
1:12.4	under contract with seller financing. This show really works. Chad and Emily, congrats to you guys
1:17.6	on all that success. And thank you for that 5-star review. And if you're listening and haven't yet
1:21.8	left to say 5-star review, please take us, you know, just a few minutes out of your day. Do that
1:25.6	small favor for us. The more reviews we get, the more folks we can reach, more folks we can reach,
1:29.8	more folks we can out. I should care how you do it. So once again, we are live in Phoenix. This is
1:35.6	what probably episode 333 that we've done here. They're all in different orders that we did. So
1:43.6	but for a while, we're going to be doing some live recordings. So let us know how you guys ended
1:48.2	up liking these episodes in person. I feel like it's a lot more fun. It's actually to be
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