In the fifth part of the foreclosure series, Pace Morby and doorknocking expert Michael Franke dive into advanced strategies for real estate investors facing vacant properties during doorknocking or preforeclosure outreach. Michael has seen many of these kinds of opportunities, and he shares why encountering a vacant home is one of the better houses to run into.
Michael breaks down various scenarios that can lead to a house being abandoned and foreclosed on, explaining what this means for savvy real estate investors. The first step upon finding a vacant property is to search for a possible obituary for the homeowner. Michael walks viewers through the process of finding and reading obituaries, emphasizing their importance. With this information, investors can contact the homeowners or heirs to present their creative finance solutions.
Pace explains the mindset behind selling a vacant property, noting that many sellers lack the resources or knowledge to renovate it themselves. Michael introduces a twolevel approach: the first level involves finding and reading the obituary, while the second level includes reaching out through obituary comments or contacting the funeral home to inquire about the deceased's family members. This is the secret sauce for obtaining deals and information easily and for free.
Additionally, the video discusses the value of probate records and the opportunities they offer for connecting with heirs. This strategy is a gamechanger for investors aiming to secure deals on vacant properties.
Don't miss this valuable knowledge! Like, subscribe, and learn how to transform your real estate investing game.
Connect with Michael: / michael_franke
Subscribe to Michael’s Youtube: / @michaeldfranke
► Join The Subto Community & Learn Creative Finance Directly from Pace:✌
subto.sjv.io/Y9aome
► Join Our Free Facebook Group to Connect with Pace and his Students:
https://paceapproves.com/freefbyt
► Subscribe To My Second Channel:
/ @keepupthepace1
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
► The Ultimate Exit Strategy for Subto Deals:
https://splityourpad.com
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
http://jointoptiercommunity.com/
—
► Get Our Vulcan7 Code:
https://www.vulcan7.com/pace
► Get Our BatchLeads Code:
https://batchleads.io/pace
► Get Access To Privy
https://Startwithprivy.com
—
PLUG IN & SUBSCRIBE
Instagram: / pacemorby
TikTok: / pacemorby
LinkedIn: / pacejordanmorby
FREEBIES
FREE assignment contract: https://go.www.pacejmorby.com/assignment
FREE wholesale contract: https://go.www.pacejmorby.com/wholesale
FREE cold calling script: https://go.www.pacejmorby.com/coldcal...
FREE cold texting script: https://go.www.pacejmorby.com/texting
FREE foreclosure script: https://go.www.pacejmorby.com/foreclo...
FREE disposition checklist: https://go.www.pacejmorby.com/dispo
FREE comping cheat sheet: https://go.www.pacejmorby.com/comping
FREE guide to pulling a water list: https://go.www.pacejmorby.com/water
FREE guide for taking photos on appointments: https://go.www.pacejmorby.com/photos
FREE seller lead form for talking to sellers: https://go.www.pacejmorby.com/seller
FREE profit and loss template: https://go.www.pacejmorby.com/profit...
#RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips
DISCLAIMER
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎