Real Estate Investing 101 – Finding Motivated Sellers
One of the most important ingredients of a successful Real Estate deal is a motivated investor. I have found through past experience that there are a few quick tips that can make or break most any deal.
First, finding a motivated seller is not always as easy as you think. When we talk about motivated – we’re usually referring to someone who needs cash, pretty quickly. While, I never like to take advantage of someone, a motivated seller will usually be willing to sell their property for a little less then market value, simply to get rid of it quicker.
So how do you find motivated sellers? Think about the life experiences and which ones may cause a person to need money in a hurry. Here are a few that come to mind.
Divorce: often times in divorce, the seller needs to liquidate their assets and split the money. Smart real estate investors can often find good values where both they and the seller benefit.
