Click here to get this post in PDF
Skip tracing provides a way to find owners of potential investment properties. Here’s our ultimate guide to skip tracing motivated sellers!
Motivated sellers are the lifeblood of any real estate investing business. Without them, it would be nearly impossible to find properties to buy and rehab.
In this guide, we’re going to show you everything you need to know about skip tracing motivated sellers. We’ll cover what skip tracing is, how to do it, and where to find the best leads. By the end of this guide, you’ll have a comprehensive understanding of how to use skip tracing to find your next great investment property.
What is Skip Tracing?
Skip tracing is the process of finding someone who’s “skipped out” on their obligations. This could be anything from finding a deadbeat tenant who’s stopped paying rent to locating the owner of a property that’s in foreclosure. While there are many ways to find motivated sellers, skip tracing is often the most effective. That’s because it allows you to directly target people who are likely to be interested in selling their property. There are a number of different ways to do skip tracing.
- Search for public records that might provide clues about where the person is located. This could include things like property records, court records, and credit reports.
- Search for the person online. This might involve looking for social media profiles, conducting a Google search, or using a people finder website.
- Hire a professional skip tracer to do the work for you. This is often the best option if you don’t have the time or resources to do the skip tracing yourself.
How to Skip Trace Motivated Sellers?
If you’re looking for motivated sellers, then you’ll need to know how to skip trace them. It can be tricky, but there are a few different ways that you can use skip tracing to find motivated sellers.
- Search for properties that are in foreclosure. This can be done by searching public records or hiring a professional skip tracer. Once you have found a motivated seller, you can then make an offer on the property.
- Search for absentee owners. This can be done by searching public records or using a people finder website. Once you have a list of potential leads, you’ll need to start skip tracing. You can then use online resources to try to find more information about the person, such as a social media profile or an email address. If you’re having trouble finding someone’s contact information, you can also try searching for their relatives or friends.
- Find tenants who have stopped paying rent. This can be a great way to find motivated sellers who are willing to negotiate on price. By using skip tracing, you can quickly and easily find these tenants and get in touch with them to try to work out a deal.
- Check search engine results pages (SERPs) for your business or product keywords. If you see a lot of ads for “skip tracing services,” this is a good sign that there is demand for this type of service.
- Use social media. Check out Facebook groups and Twitter hashtags related to your business or product. You may be able to find motivated sellers by looking at who is talking about your product or service.
- Try using SEO keywords to find motivated sellers. Look for keywords that are associated with people who are looking to buy or sell a product or service. For example, keywords like “motivated seller” or “skip tracing” can help you find people who are interested in your product or service.
Once you’ve found a lead, you’ll need to contact the person and try to convince them to sell their property. This can be done by sending a direct mail piece, calling them on the phone, or even visiting their property in person.
If you’re having trouble getting in touch with the person, you may need to hire a professional skip tracer to help you locate them.
Where to Find the Best Skip Tracing Leads?
There are a few different places that you can find skip tracing leads. The most common method is to search public records. This can be done online or in person at your local county courthouse. Another common method is to use a people finder website. These websites allow you to search for people by their name, address, or phone number. Finally, you can also hire a professional skip tracer to do the work for you. This is often the best option if you don’t have the time or resources to do the skip tracing yourself.
When to hire a Professional Skip Tracer?
If you don’t have the time or resources to do the skip tracing yourself, you can always hire a professional skip tracer. There are a number of different companies that offer the best skip tracing services. The cost of these services will vary depending on the company and the scope of the work. In most cases, you’ll be able to find a company that offers a free trial or a money-back guarantee. This is a great way to test out the service before you commit to anything.
Key Takeaways
Skip tracing is an effective way to find motivated sellers. By using public records, people finder websites, or hiring a professional skip tracer, you can target leads that are likely to be interested in selling their property.
You may also like: 5 Tips for the Real Estate Investor
Image source: Shutterstock.com
