If you’re a professional buyer of real estate, you’ll want to hear this.
I’m going to explain how and why there’s a gold mine of data that’s not being shared with you, from a source that doesn’t even realize what they have. I’m also going to offer you to tap into it.
Deal sourcing is the hardest, most time consuming thing you do. It’s also – obviously – the most important.
Most people miss one critical point about how they search: While you have property types that are your sweet spot, finding the best deals is a function of human behavior.
People sell for an attractive price not because of the type of property, but because they’re motivated to do so. Your job is to find both.
So you say: “Yea, I already know that and look at foreclosures and tax delinquencies all the time. They’re picked over and I don’t find much value there.”
We have data and intel like nowhere else
Tax and mortgage delinquency on great property is hard to come by and its late information.
Public Record data can reveal a heck of a lot more than just these obvious (and late) indicators. When you layer Public Record data on top of other data sources, you can access intel that few others are.
Title Companies are a master gatekeeper of Public Record data. But I’ll bet you yours doesn’t know how to help you use it, nor are they trying to figure it out.
TitleEQ lives off of real estate transactions and we make it our mission to not only guide deals and investors through transactions, but to help source great deals and capital.
We invest in some of the deepest and valuable data out there, and layer intel from Public Record on top of property attributes.
The result is that we help our clients – professional buyers of real estate – find better deals, faster.
Here are a few examples of data we’ve extracted for clients in the last week:
This Week’s Top 5 Deal Finding Searches
1. Boutique hotels
For a Real Estate Fund Manager looking to buy hotel properties:
- 6 different counties across 2 states
- Hotels of a certain size
- With on-site ownership
- Purchased more than 10 years ago
- Equity has risen more than 40% since 2019
2. High interest hard money to refi
For a mortgage lender looking to refinance hard money that was at the end of construction phase, entering permanent financing we searched:
- Mortgages recorded by a list of specific lenders;
- Between 12 – 18 months ago;
- Interest rates +8%;
- Property values +$1M
3. Absentee SFR owners who just want out
For an investor that buys a lot of SFR for rental and rehab:
- Single Family Residence of a certain size and geography
- Isolated by property value
- At least 80% owner LTV
- Absentee owner
- High weeds violation in the last 12 months (these are people that are absentee and struggling to maintain the property, not struggling financially).
4. Foreign buyer wants owners who speak his language
For a foreign investor, he felt finding property owners of his national origin and language would be an advantage. We found properties he likes with Indian owners only.
1. Ripe to sell MultiFam
For a Fund-Backed Investor that buys multi-family:
- 30 – 125 units
- 3 counties; 1 state
- Owners own no other property in those counties
- Owned more than 6 years
- Non-corporate owned
- Property handed down by family or inherited
