Re: Question about finding rehabbing leads! - Posted by vernon
Posted by vernon on February 18, 2000 at 21:29:15:
There is nothing illegal about contacting the owners of these properties. One of my favorite ways to find the rundown type properties is from researching the properties that were recently boarded-up in my town. When the city does this they assess the property for a “nuisance abatement”. It goes on as tax lien on the property. There are around 20-30 a month in my county alone.
Usually, they are in pretty bad shape but excellent rehab properties and the seller is almost always ready to sell. Go your courthouse and send them a postcard saying you buy properties. Wait for them to call and profit.
http://realestateprofit.tripod.com(leave out www).