This particular deal came from skip tracing after I watched a couple webinars on Mastery site about skip tracing. I was out at our first rehab property waiting for my contractor first thing in the morning. While waiting for him, I walked a couple houses down the road and saw this property. It was all boarded up. I wrote down the address and started skip-tracing at lunch time. I called every single name on the suggested list. Some of them are inactive and wrong numbers. I also left voice messages to those who didn't answer. One of numbers to which I left voice message called back. He was the deceased owner's brother. He said the family knew about this house, but all of them lived out of state not knowing if its worth selling. After talking with the oldest sibling, I put the house under contract. The closing was a little bit tough because the house was supposed to be sold at the auction a couple of days after closing date. I had one buyer that backed out 2 weeks prior to closing. I was able to find another buyer who is a Mastery student shortly after that. I also referred a HML that I worked with to him. My closing attorney had to go to the court to make sure the back taxes were paid. The closing finally settled the day before the auction (and I never met the sellers in person). I learned a big lesson here. Make sure you screen your buyers and set terms for them so that they can't 'drop the ball' so easily. rnrn
How did the FortuneBuilders team and resources help you to accomplish this deal?
The Wholesaling Bootcamp was really helpful. I learned how the assignment of contract works, find the right closing agent (attorney), and different ways to find off market deals. If I had followed the system how to screen buyers, the closing would have been so much easier. I also felt more confident deals after deals.