3/1/2002 2:39:41 PM
RE:All the Investors you'll ever need
To all my beloved comrades,
Those Washington people were whining (just kidding) about not having any investor to do deals with, so I answered their request. Since most won't look on that page, I'll post it here for all to see. (Man, does this mean I'm owed a lot of Milk Shakes, or what?)
You'll want to print this out and use it. (I can't believe I'm giving a page out of my "Secrets to my Success" manual). OK here we go.
What we are covering in this section, is how to find all the local Private Real Estate Investors in your area, so you can get loans from them to do deals, or to be partners on a deal you have. There are many ways to connect with people with money.
Ask Realtors. Almost every Realtor will know at least 1 private Investor.
Mortgage Brokers. Many know Private Investors as well, for hard money loans.
Ask around for Hard Money Lenders. See what they charge.
Look in the Newspaper for Lenders.
Go to every Real Estate Investment Club and get to know everyone.
Ask Escrow Officers/Title Officers. They know who does deals all the time and who has capital.
Look on the Internet. Included in this section are all ones I could find in your area, with just a quick search. If you searched many different ways, you might come up with quite a list.
Now, I saved the best for last, create you own.
You can have a list of every investor in your County? Would you like a guaranteed way to locate each one, where no one can hide from your knowledge and experience. Would you like their names and addresses?
Here is how to do this. Go to your Recorder's Office, OK?
Ask, How do I look-up “Assignments” of Deeds for the last month? OK?
Now that the list is showing up, How do I get an address off of the document?
Trust Deed (Deed of Trust and Mortgages) Searches:
Ask, How do I look-up “Trust Deed/Deed of Trust” for the last month?
How do I get their Address off the document?
Through these two processes you will find all the private money in your County.
Now when you start to look them up, you'll obviously see normal lenders transferring notes (ie GMAC to Bank of America, Countrywide to Citibank, etc.) YOU DON'T WANT THESE. Keep searching and you'll find:
John Jensen to David Smith
I buy ugly houses to my real assets llc
Lesgee family trust to Marcos Florida Investments
Are we getting the picture here? We search for all the "not big bank" names. These are your local investors.
Go try it for 20 minutes, scan through the names, you'll have 5 to 10 names in that time, and then you'll say,
Wow. Here is everyone. Here is every investor I'll ever need. All I have to do is invest the time to pull all the names & address's. Heaven help me if I researched the past 2 - 3 years, I'd create a list of 500 to 1000 to 4000 names of Private Investor in some cities.
May you all find bliss in your neverending list of your own Private Investors for life.
Best Regards to all,