Thought I’d share an example of what happens when you subscribe to our real estate lead generation service.

Thought I’d share an example of what happens when you subscribe to our real estate lead generation service. Subscribers receive real estate leads through email, and then contact the motivated seller leads. Real estate investors that are able to close the deal take the time to understand the seller’s situation and empathize with them which increases the likelihood that they will close the deal.

This particular example involves a motivated seller in financial hardship. Due to being a single parent without much support and even less options she saw her finances spiraling out of control. Just like so many people in this situation she was desperate for someone to buy her house fast. The equity in her house meant nothing to her because she needed cash in hand.

This motivated seller had problems with her house recently. The hot water heater died and the roof started leaking. Without the money to do repairs it got worse and worse until they were forced to move out into an apartment. Her desperation reached a new level while having to pay a mortgage on a house she couldn’t live in and selling the house to a retail buyer was hopeless because they’d never get a loan. If they could, it would take months and she couldn’t afford a realtor’s commission fee. This motivated seller had to do something fast because she was about to lose everything.

Here is where the win-win solution by our real estate investor changed both of their lives. The investor took the house subject to the existing $85,000 mortgage, makes the current by paying $1800 in back payments, $1300 in back taxes and then gives the seller $30,000 in cash. The repairs on the house are going to cost at least $25,000. However the win-win is that the after repair value (ARV) is $250,000. You don’t have to be a genius to realize that is over $100,000 in PROFIT!

This savvy investor was also a general contractor so they did the repairs and then refinanced the mortgage leaving 20% equity in the house. That leaves the real estate investor $57,000 tax-free cash at closing to pull out and still be able to get a $50,000 2nd line of credit (LOC) to fund future real estate investment deals. The mortgage interest can be deducted from the investor’s income to decrease their annual tax liability. Not to mention they plan on renting the house out to allow the tenants to pay for the property while it appreciates in value.

How to be your own bird dog to find motivated seller leads

Motivated seller leads are the life blood of any successful real estate investor. A bird dog usually works for another investor and their role is to find and bring potential deals to the table. You can either hire a bird dog or do it yourself. Some investors do this on their own by mailing post cards and/or direct mail letters, posting bandit signs, paying for radio spots and/or billboards. All of these could find you leads.

Just like a bird dog working for someone else, you (the investor) only get paid when the deal is actually done. Real estate leads that aren’t motivated seller leads are simply a waste of time and resources. Since motivated seller leads are the key to success it is of dire importance that you get a long list of them. But how, is the question every investor asks? Direct mail is losing its effectiveness since so many others are doing it too, bandit signs are quickly removed, radio ads and billboards are expensive. The successful investor’s answer is, work smarter not harder and have an expert do it for you for a cheap price.

There are a lot of websites that say they offer motivated seller leads. After doing my homework the only company that guarantees your success is w.wehavehomeleads.com. To be your own bird dog, read about their motivated seller leads that are arrive in your inbox daily. Visit their site to learn how your business is guaranteed to make more money and you can be more successful.

There are many ways to be your own bird dog. Compare the costs (both time and money) of doing it yourself alone versus doing it yourself with the help of experts to make the right decision for your real estate investment company.