Looking For An Absentee Owner List? Read This First

An Absentee Owner List is something that can act as a great source of leads for wholesalers and investors alike, and not to forget, those who are in the business of Flipping Homes in California. Now, this begs the question, how can you get hold of these lead lists? Well, there are a few ways to do it, and each of them varies greatly in their up front costs. Each has its own proponents who swear by their favorite as the most cost effective, so, truth be told, there is no clear consensus. It has a lot to do with the capacity of the person voicing an opinion, and most importantly, the operational infrastructure.

• Lists that are bought from an outside curation source

• The Lists that are built within your organization by making use of research tools.

• Lists of clients who are associated with property management companies.

• Probate Property Lists and Tax Lien Lists

With the help of the right integrated data sources, you can easily build your lead list off a collection of indicators, that there is an absentee owner in a property. And this is where the Map Search tools found on online sites are the most effective. Here you can see who is the owner of a property, check out who manages it if it’s been rented out, whether it looks occupied, and also look at other vital data points, that are pretty crucial if you are in the business of Flipping Homes in California.

An Absentee Owner What Is It?

When we speak of an Absentee Owner, we actually refer to those persons who do not occupy a property or participate in its management. It’s not that all the absentee owners have the same motives or intentions, but the one thing that is very common in all of them is that for whatever reason it might be, this property is not the one that they can personally see to. There are some absentee owners who still manage to make returns on the property, while others hold it. It is the type of absentee owner with whom you are dealing which will significantly influence the approach that will serve you best.

The Different Types Of Absentee Owners

There are some owners who hire out property management, thereby creating a passive income stream while providing business to a third party management firm. While there are some who are simply holding the property as speculators, with absolutely no interest in developing it. These owners, whose names are an integral part of an Absentee Owner List, are very likely to sell if they make a return on their original investment, as that was what was the entire goal of purchasing the lot in the first place.

Those who have recently inherited or managing the property sale for an estate might also act as good sources. Still, sometimes what happens is that those properties wind up staying with the estate’s heirs, and thus they are seldom a sole source of absentee owner leads. There are also a number of investors who bought a property for development, then got into another promising project, and eventually lost the ability to concentrate on it. Also, for, those making acquisitions, they serve as excellent prospects.

How To Find Absentee Owners

If you are not simply purchasing lead lists from companies piling up an Absentee Owner List of an area, then you need to devise strategies for finding them yourself. A good resource can be the Map Search Tools where you can get detailed property information, but then you need to trace that owner’s information. Only having the name without a phone number or mailing address would do you no good.

And if you are seeking off marketing properties for this very reason, then Skip Tracing tools might just be the right way to go for you. They comb through public records information in order to compile reports on your lead lists that include the most current known address and phone number, social media profiles, other properties owned, and additional details. So, when you are on the lookout to locate a prospective acquisition’s owner, these public records can prove to be a boon for you.

Final Take:

Yes, it’s true that there are absentee owners whose names, you will find in an Absentee Owner List, who are dedicated to the passive income they receive from outside management of their property, and many of those owners will sell for the right price. But when it comes to the owners of empty or abandoned buildings, that number soars up to a great extent. And this is what makes the absentee owners one of the most important tools of prospects, if not the most important, for those associated with the business of Flipping Houses in California.