Hey, what's up? Kris Krohn here. And today, i've got something really cool lined up
for you. 5 of the best strategies for finding deals. How you do it from home?
No realtors. All from like literally from your bed, laptop. Friends, this is one
of the most ninja ways for finding the best deals.
i'm talking about you going out there doing 3 to 5 deals every single
month. Check it out.
In today's world, we have technology on our side like never before. Dude, in the
past, if you wanted to find a good deal, you would have to like get in your car
and like drive for dollars. You'd have to go down the county sheriff's office and
go through filings and see who hasn't paid their taxes, who might be in
foreclosure. Today, that information for the first time ever is literally a click
of the button. Which means that when I find deals, I can find it in minutes.
Check it out. Today's video is about these 5 strategies. In a moment, I'm
going to be bringing on my buddy Burton out of California. He's going to be skyping in
here. And he's going to show you how we use a software called PropStream. And today
he's going to show in just a few minutes how do you find properties in your area
that are discounted which means equity. How do you find all the pre-foreclosures
which means there's distress, they haven't started proceedings. And they
need an investor help solve a problem how about field listings. Which means
they tried to sell their home for some reason, they couldn't. And now, you have a
chance to get on there. Tax liens, they're late on their taxes and all of a
sudden you know they have distress, they're going to lose their house. Or the
property is vacant and obviously distressed. This system will find all of
those literally that fast. So, when I bring Burton on. I want to tell you right
now. He is like geeky nerdy over this stuff. Like he gets insanely geeky on how
does he actually go in there and find these deals. But he's going to show you how
stupid simple it is. He represents this company PropStream and because of how
much I've done with them and because of how much I utilized them successfully.
They decided to give me a 5 day free trial of their system to you. And they've
also decided that if you decide to hang on with the service that they've
massively discounted. So, it's like a no-brainer and it's in your arsenal and
it's something you're going to want. The link is below in the description. But
without further ado, dude Burton, it's time for you to come on man and I want
you to break it all down, show that screen and I want you to break down how
to easily in minutes find all of these deals. Go. -Hey Kris, it's good to be back.
Thanks for having us on board again. Everyone, Burton here with Cochran. Today,
I'm actually going to be showing you 5 amazing strategies that you could
perform in on platform. I would highly encourage you guys to grab a pen and
paper and write some notes. I'll be showing you is very powerful.
As a matter of fact, consider it a secret that most investors were using to make
money. And successfully do so people like Kris himself. So, with that said, Let's
just guide into it. So, the first criteria I want to show you guys is essentially
how to build a distressed homeowner. And there's many ways to do that. So, one of
the ways I'm going to be showing you is just kind of a sample and how to
effectively do so. So, first we want to do is search an area. Bolton County is the
area I've chosen. And a go to filter. And here is where you'll be able to
essentially custom-built your own motivated sellers. So, for this example,
I'm going to choose an owner-occupied property. And rather than choosing a list
type, I'm actually just going to lead a blank. So, I can have the system go
through all of the listings with the criteria I'm about to apply. So, the
second thing I'm going to do is go to property characteristics and I'm going
to choose. Let's say single-family, any multifamily property. Then this is where
I'm essentially building in distress. So, I'm looking for a building that was or a
property that was built on 1991 before. The idea is I'm looking for property a
little bit over 30 years, 20 years. So that way I know that maybe some things
need to get done. The condition of the property isn't up to date. Really what
I'm aiming for. So now, that I've implied that your build,
I can do bedrooms and bathrooms and so forth. Next category is MLS status. And
just like most of you, we're going to choose off market. So, on market, we're
going to choose no. Then it can go to foreclosure and essentially find the
highest distressed level which is pre foreclosure. But for those of you guys
that need more time and don't like the competition there. You can choose none.
Such as we're trying to find an owner who hasn't gotten a notice of default
yet or trustee sell. And isn't on the market. Next categories ownership info so
here we can separate corporate versus individually owned. So, I'm going to look
for just individual properties. I can also specify the years of ownership. So
I'm looking for a property owner. It's lived in the property for these 5
years or more. The next thing I can do is add other encumbrances like a lien on
the property. Perhaps the lien has fits in a thousand
or more attached to it. Meaning if they don't pay off that mean, things are going to
start going south. They're going to get into creep foreclosure and then
potentially... And for most of you whole sellers out
there, last stop is probably the equity mortgage information. Here we can specify
a percentage. Such as 60% or more. So, now that I have all of my filters
applied, I'm going to get apply and as you can see I have several concentrated
results that fit that distress criteria I've created. So, that's the first way to
filter a distressed homeowner. The second one I want to show you guys
is looking for foreclosures or pre foreclosures. So again, the highest level
of distress to remember is to do so search the area,
go to filter. Choose pre foreclosure for the list type. Yet again, you can choose
property characteristics. We can go to MLS status. Choose on market or off
market. Your choice there. So, I'll choose off market. Again, we can being that we're
searching pre foreclosures, now we can effectively filter it. And to effectively
do that, I'm looking for the hottest and freshest pre foreclosures. So, I'm going
to go to the listing date and only look for pre foreclosure starting that we're
versus this year or later. And then I can specify the type of owner. So
individually, properties and then again, I can wrap it up by applying a percent. 50
percent or more. Once I hit apply, I have now my
concentrated results on the right-hand side. That's the second popular search.
Most investors like yourself are doing. The third one is looking for filled and
listening. So, the idea here is that these are property owners that tried to sell
the property with an agent or successfully able to do so. Our goal is
to essentially go in there, speak to these homeowners and perhaps find them
an alternative solution. To do so, go in the filter. List type MLS. Again, property
characteristics. But most importantly in the MLS status, we're going to choose
fail. Now, depending on the market, this may vary. But you are going to apply 8 days
on market. I'm going to choose 90 days. Not only am I going to choose 90 days
but I'm looking for listings starting on December 1st of this last year. So what
I'm telling the system is go through the listings starting December 1st or later.
I mean the ones that failed but we're on the market at least 3 months or more. I'm
going to hit apply and now I have my concentrated results. Again, the
idea here is these are people that wanted to sell and not successfully do
so through an agent. Maybe we can go in there and provide those solutions for
them. The next popular search would be looking for tax lien. These are again
very high level of distress individuals. Tax liens are very, very serious. I felt
like a that off will obviously cause a foreclosure. So, to do that, again, we're going to
search the area. We're going to go to filter. We're going to
choose liens. And again, start looking downwards. We can put property
characteristics. Go to MLS status for those of you that are wanting it off
market, choose no. Again, if you want really distressed choose pre-foreclosures.
If you need more time, make sure it's under none then we can go to ownership
info. Again, separate corporate loan properties versus individual. For this
one, I'm only looking for individuals. I also want them to have live there. Again,
minimum amount of 5 years or more. I can now then specify the lien. So, I'm looking
for specifically tax liens. And again, I want leverage so I'm looking for
individuals with at least $20,000 or more reported against their property.
Again, if they don't pay off this lien. 20,000 or more. That will cause
the pre foreclosure. And again, to wrap it up. For most of you, whole sellers out
there, fix & flippers, we're going to apply equity. Again 50% or more.
And once we do that, we've now narrowed our criteria down.The last search out
there most of you guys have heard about is looking for agent listings. We do have
access to that. So again, you'll search the area.
Go to filter. Choose vacant. Now, here's the challenge.
Vacant pretty much represents property addresses that are not answering your
mail for 3 weeks or more. So, sometimes these are properties that we
recent sold. Previous owner forgets the further mail and then that property
is a quote-unquote flight as bacon. So, how do we prevent getting recently
sold properties? To do so, go in filter. List type vacant. Again, work downwards.
property characteristics. MLS status on or off market. Foreclosure status whether
it's in or not in pre foreclosure. Ownership info is
really where the magic happens with this list type. Here, we're going to separate
again the individuals from the corporate. And then, how do we get rid of these
recently sold properties? What we're going to do is applying either a last
sell date for years of ownership. So, in this case... Let's say 60 years. So
now, I'm telling the system go through the list of people not addressing
their mail. But find me individuals that have lived in their house for 6
years or more and are not addressing their mail. At this point, you guys can
take it further by adding more encumbrances like a lien, a bankruptcy,
divorce. Again, you can end it by applying an equity like 50% or more. Once
you do that, you'll hit apply and now you'll have your results on the
right-hand side. So, I don't know if you guys have caught on. I mean our mission
here at option is to help you guys make a lot of money and very little bit about
a time as fast as possible essentially. Clearly, but I've showed you guys is very
powerful. So I hope you guys have taken notes. And if you guys haven't
noticed already, we have partnered up with Kris. I've done something super
cool with him. We will be giving you guys access to 5-day free trial. With the
platform. So, please take advantage of that as well as this video and some
things I've shown you. And then on top of that, if you guys end up loving it, just
can't have enough of it. Kind of add the cherry on top. We have given Kris the
discounted price versus our website PropStream.com. Normally our website offers
it at $99 a month. With Kris, you'll be given a lower price. So, make sure to
click on his link. If you guys have any questions, give us a call. Other than that,
I hope you guys enjoy your day. Kris, back to you. -Dude, Burton. That was
brilliant, man. Thank you so much for hopping on and for teaching that. You
guys, if you actually click the link and you actually get your free trial, you can
hop on and literally watch the video. Copy it for your area and you know what
will happen? Hundreds of deals potentially are going to come to you. And if
you watch part 2. The next video that's coming. I'm going to Burton hop back on one
more time. And I'm going to actually have them break down for you, "Alright. Now, I
got lists of hundreds of people, does that mean that I get on the phone and
call them all?" No. We're using technology to make it even simpler to weed it down
to find the people that are going to make deal happen with you. There's a reason
why I make tens of thousands of dollars per hour in the game of real estate.
And that number every year only gets bigger and bigger with more homes. And
that's because I'm a ninja of leverage. And today, I'm showing you how to be a
ninja of leverage. So, click the link below. Get your free trial going right
now. And then hang out for the next video, part 2. Where we can take you how to make
it even easier.