In any market, 5-10 percent of the owners either live outside the area or are holding property as an investment. Here’s a great way to take advantage of this situation.

Check the tax rolls to identify owners whose tax billing address is different from the address of the property. Another great source can be the title companies since they can supply you with a list of out-of-area owners. In many cases, someone who is holding a house for an investment has other properties as well. Since the typical investor does 1-2 investment transactions per year, these owners will transact 10-20 times more often than residential sellers who are currently moving once every ten years

Also be sure to check out our new 1-4-unit investor focused sister publication, The Investor Scoop. Check out some of our top posts from last week in #3 below.

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