How to properly knock on doors of those in foreclosure - Street Smart Cash Flow Accelerator #4

Lou Brown

Mar 15 2019

Today's tip is number four, knock on doors of those in foreclosure. Now be careful in your state. There may be restrictions to approaching people in foreclosure. Find out, but there's only a couple of states in the country that have a problem with that. The rest of the days have no problem, and if you think about it, when does somebody really need you?

They need you when they're having an issue. Maybe they lost their job, maybe something happened in their life and they just need to be rid of this problem of this real estate. You can step in, maybe you can reinstate the loan. Maybe there's things that you can do to take over that property and take care of the issue.

Now you say, well, that sounds great, Lou, but here's what I want you to be careful about. Don't just go to somebody and say, Hey, I hear you're in foreclosure. Would you like to sell your home? That's not a good plan. Just knock on the door and say, Hey, do you know of any houses for sale in this neighborhood? I'd love to buy a house in this neighborhood and then see what their response is.

That might open the door for you to come in and talk to them about their situation. Now, couple of thoughts you might ask. Well, where is it that I'm going to find out about these foreclosures? Well, we have an amazing piece of software. You can look at it. It's at Streetsmart, wiz.com forward slash prop wiz.

That's PR. Oop, W I, Z street smart, wiz.com forward slash prop wiz. You can look at this amazing piece of software that we use every day in our business, and one of the aspects of the software is when we can step in and find out all the foreclosures within a particular neighborhood.

You literally draw a square around a neighborhood and you can find out all the people that are in default in that neighborhood. Hope this has been helpful to you. Hope you've enjoyed it and we'll use it. I know it will make a difference in your profits

Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.

* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…

* How to have a buyer or renter before you even buy property…

* How to have them already pay you money before you sold them anything…

These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.

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Podcast: http://Streetsmart.mypodcastworld.com/

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Web Site:https://millionairejumpstart.com/ and https://streetsmartinvestor.com/

Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.

He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.

Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.

He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.

You can also watch and listen to this from: https://youtu.be/MhnMgPavkVo