Find a distressed property/individual These individuals need to sell their property right away for one reason or another. There are many ways to locate a distressed property. Some of the most common marketing strategies are:
Craigslist - listing ads searching for distressed sellers, advertising that you buy homes in “as-is” condition.
Bandit Signs- in highly-visible and trafficked areas. We’ve all seen the “We Buy Ugly Houses” signs. Feel free to get creative and put your own spin on these. Uniqueness counts here.
Direct mail to people facing pre-foreclosure and foreclosure.
Driving for dollars- look for distressed homes in your own neighborhood! Simply find the home and write the owner a letter of interest along with your contact information. Look for telltale signs of a financially distressed owner, such as deferred maintenance, unkempt landscaping, broken down cars, etc.