Absentee owners are people who own a property but don’t live there. This situation can happen for many reasons, like they’ve moved and haven’t sold their old place, or they bought it as an investment. The thing is, owning a property you’re not using can get expensive fast. Imagine having to pay for two sets of everything: mortgages, property taxes, and even electricity bills. It adds up, and many absentee owners start feeling the pinch.
That’s where the opportunity comes in for you. These owners might be more willing to sell their property, sometimes even for a lower price, just to stop the bleeding of cash. This is why they’re like a goldmine for real estate deals. They’re often eager to sell and might not have the time or energy to put into making the sale happen, which means you could step in and get a good deal.
To find these goldmine deals, many investors use data brokers. These companies have lists of absentee owners, along with their contact information. With this info, you can reach out directly and see if they’re interested in selling. It’s a strategy that’s a bit out of the box, but it can really pay off if you’re looking for good real estate investments.
This list is in no particular order:
- Data Zap
- BatchLeads.io
- DMDatabases
- Pioneer Data Solution
- Nextmark
- ExactData.com
- Melissa Data
- List Source
- Data Axel
- Attom Data
In summary, targeting absentee owners can be a smart strategy for finding real estate deals with a lot of upside. These owners are often in a position where selling makes more sense than holding onto a property that’s draining their finances. Focus on absentees and watch your business thrive!
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