Kathy Kennebrook Discusses Wholesaling Your Way To Millions- Part 3

You will also be performing a public service when you buy these properties since you end up improving neighborhoods. Kathy Kennebrook has personally bought vacant, ugly houses in otherwise excellent neighborhoods; and the neighbors were thrilled. They even joined in when it came to helping her with the clean up process.

Another way to find vacant ugly properties is to check with your local code enforcement department. Usually these properties have been “tagged” for code enforcement violations and are a blight to otherwise nice neighborhoods. Code enforcement is as interested as you are in turning around ugly vacant houses and making them a part of a nice neighborhood.

One of the best ways Kathy Kennebrook knows to find buyers for these properties is to simply bring your deals to your local real estate club meetings. You can also run an ad in the newspaper that says “Handy man special-CHEAP- Cash and your phone number.” Your phone will ring off the hook! The first couple of times Kathy Kennebrook ran this ad she created a buyer’s list for future deals. Now Kathy simply uses the same people to wholesale properties to over and over. As you begin to excel at finding these properties, this becomes a money-making machine.

Another great way to find these properties is to use friends and family to help you find them. Tell them to be on the lookout for vacant properties any time they are driving around town. They can provide you with lists of these types of properties. Pay them a small amount for each lead they supply you. This is a great way to find more properties than you’ll be able to handle. You can then turn these leads over to a skip tracing service to locate the owners, or you can go to the courthouse and try to find them yourself. The more difficult the seller is to find, the better a deal you are going to make on these properties. Then contact the owners and make some profit-making deals!

Once you get your wholesaling machine in place, this is a great way to find motivated sellers, do some deals and make a lot of money in real estate without using any of your own money. The bottom line of your balance sheet will surprise you!

For more information on wholesaling properties and finding all the motivated sellers you need for your real estate investing business, visit Kathy Kennebrook’s website at Marketingmagiclady.com.

Kathy Kennebrook offers detailed information, advice and professional-quality products related to "Kathy Kennebrook Discusses Wholesaling Your Way To Millions- Part 3", Real Estate Marketing and Real Estate Investing.

This entry was posted on Friday, December 5th, 2008 at 12:00 am by Kathy Kennebrook and is filed under Kathy Kennebrook's Insightful Articles. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.