How to Find Motivated Sellers with These 25 Beginner-Friendly Lists

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 8 June 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tune into The DealMachine Real Estate Investing Podcast for more episodes just like this! Want access to undervalued real estate? Then, you’ll need to know how to find motivated sellers. These sellers are ready to get rid of their homes at below market value, and YOU can make a win-win situation by getting them money for their properties while building your real estate portfolio. If you’re a house flipper, wholesaler, fixer-upper, or BRRRR-er, you MUST know how to find motivated sellers so you can scoop up deals most of the competition is overlooking. Today, David Lecko from DealMachine takes the mic as he shares the top twenty-five motivated seller lead lists that even a beginner can use to start finding and buying undervalued real estate. And you don’t even need money to start! Most of the lists David shares in this episode are completely free and can be found by anyone, even if you have limited real estate investing experience. Liked today’s show? Check out even more DealMachine podcast episodes here! In This Episode We Cover How to find motivated sellers using these easily available lead lists The best free motivated seller lists that ANYONE can get access to Why you MUST stick to one strategy/list before moving on to another The easy way to find motivated sellers on the MLS (multiple listing service) Which list to target first, and where beginners should start How to get lists just like these in an instant using DealMachine And So Much More! Links Mentioned in the Show Find Motivated Sellers with DealMachine DealMachine MC018: Direct Mail Best Practices for Real Estate Investors with Justin Dossey DealMachine 068: 4 Convos To Your First Wholesale Real Estate Deal Follow David on Instagram Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	One of the things we've been hearing from listeners and the broader bigger pockets community members these days is that finding deals is one of the trickiest hurdles in the path to building wealth through real estate.
0:11.5	And now more than ever ever it's crucial by properties
0:14.6	below market value. So today we're bringing you a special episode to give you more
0:20.2	tools to do exactly that. Welcome to the BiggerPockets Real Estate Podcast, I'm Dave Meyer, and today we're actually handing over the mic to our friends at
0:34.7	Deal Machine for an episode all about how to find properties owned by people who are
0:39.6	ready to sell. In this episode David Lecco who's the owner of Dale Machine, will point you to publicly available data that will help you find these properties.
0:48.0	And he's going to help you think about how to use these data lists and sort of the right order of operations to approach
0:55.1	them for the highest odds of success.
0:58.1	So if you're looking for off market properties that you can buy below value, you're definitely going to want to tune in to this
1:03.6	episode. All right let's hand the mic over to David. Do you feel overwhelmed by
1:08.0	the sheer number of ways there are to find a motivated seller that wants to sell
1:11.8	their house at a discount.
1:13.6	In this episode I'm going to give you the top 25 ways to find a motivated seller and I'll give you
1:18.9	the order in which you should approach these sources of motivated sellers so you're not
1:24.7	overwhelmed and you can make decisive action towards financial freedom. My name's
1:29.0	David and I've been a real estate investor for seven years. I created a process that's helped people
1:34.4	close over 10,000 deals called Deal Machine. Here are the most 25 popular motivated
1:40.7	seller leads and I will give you them in the order that you should approach them.
1:46.8	So if you're starting out whether you have money or not, I still recommend starting from the very first part of the list which are the
1:56.0	free sources the sources they will also cost less money in marketing so they are free to get lists and then they will also be lists
2:06.7	that are smaller and less competitive so that you can buy at a deeper discount
2:12.2	while spending less on marketing. So the number one list is called
	...

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