Finding an Unlimited Source of Deals without Leaving Your House!

Since you know how to get in touch with buyers you just need to find a steady flow of landlords.  You can do this by going to the paper, that is a great resource, but there are plenty of others.

Here are few more...

The Internet

You can go to websites like:rentclicks.com, rentlist.com or homerentalads.com. These sites change everyday and some areas will not have seller contact info, all you have to do is search at Yahoo or Google and you should have no problem finding more.

When you find these sites you can send the owners an email like the following one:

Hi,

Would you consider selling your home? You can call or email me back, thanks.
(Your Name)
317-573-7864


You will get many more responses on this email versus the next one, this shows you how powerful just one word can be.

Hi,

Would you consider selling your home on a lease option? You can call or email me back, thanks. (Your Name)
317-573-7864


This email will get you a ton of responses, if it becomes overwhelming you can send out an email that will more qualified responses, like this one...

Hi,

Would you consider selling your home on a lease option?

I am working with 74 buyers and 32 of them want to do a rent to buy with a home like yours in your area.

Will that work for you?

You can call or email me back with any questions, thanks.

(Your Name)
317-573-7864


Whenever you are doing this king of marketing you can always try to get the maximum responses and then go back and qualify your leads accordingly.

Another source is property management companies.

Property Management Companies

If you are calling the "rent" section out of your paper you are likely to come across at least one property management company.

They are not going to bend over backwards to work out a lease option with the owner because the management company's profit comes from the monthly rent and income.

But...

You can still work with them when they do have homes that need to be sold or sold on a lease option. You can send them your lease option buyers or they can send you
their homes. You can work out a split just like with the landlords and investors if necessary.

So if you had a buyer that had money and was ready to do a lease option today, you could go to your property management company and tell them what you need and mention all you are taking is the down payment.

Then if the company has a home they need to move and not rent like they are normally doing they would be silly not to work with you.

You can also have them send you homes as they become available.  You can also send them buyers with no money and credit issues so that the company or agent can find your buyer a rental for the time being.

That is how to start your relationship with these people. There will probably be initial resistance but as long as you follow up correctly, put them on your list and compel them to work with you - it will be simple and easy.

Realtors

Realtors can search the MLS and find homes for lease and lease option all day long.  When you come across these listings you will probably have to deal directly with the agent.


You can send the email just like to the landlords only slightly different, something like this...

Hi,

I have 19 buyers that are looking for homes just like the one you have listed on the south side for lease.

These buyers are ready to move today with a lease option, do you think you and I could do something for them?

I also have 74 more buyers that are ready to move today as well so maybe we can work together on future deals as well.

Please call me today or tomorrow if you want to move forward with this, thanks.

(Your Name)
317-573-7864 - 24 Hour Direct Line

Now the Realtors will have to get paid, but they already have something worked out with the seller if it is a rental, if it is a rent to buy the Realtor may be taking the down payment or a percentage of it.

You can give them up to 50% of the down payment as long as they understand it is for the sake of the relationship.

Now you can also structure the deal so that the Realtor gets paid on the back end when the home refinances.

This is just an overview of some creative ways to get these types of deals, the point is that if you really look you will have no problem finding deals all day long.

This will get you in touch with as many as landlords as you can handle, this will also get you as many deals as you can handle as well.