Training Programs & REI Trainers

Pre-Vacant Houses, Motivated Sellers and the Great Gold Toss

Pre-Vacant houses are houses which are about to be abandoned and they typically owned by extremely motivated sellers. When targeting these type of owners, my wife and I use a marketing technique which is practically free. You can use it to uncover motivated sellers that are about to move out of their houses (pre-vacant houses). It’s driving for dollars on steroids and it works 10x better than just “driving for dollars” alone. We call it the Great Gold Toss Method.

When using this technique when you target pre-vacant houses, you’ll consistently find the type of motivated seller who’s willing to get creative . In other words, they’re great prospects not only for your wholesale deals, but for “take over payments” deals and other types of creative deal structuring.  While “Take over payment” deals are great for experienced investors, they’re an even more powerful tool for your beginning investors because they usually don’t require  any of your own cash or credit for to buy the house. It’s as simple for you as finding a motivated seller and knowing how to structure your deal (we include a bonus course on how to do this in our new training program).

We Expect At Least 2 Extra Pre-Vacant House Deals Each Month Using This Strategy

We consistently find a minimum of two solid deals each month by applying this simple technique to our business once a week. We simply drive neighborhoods with houses that fit our “buy criteria” for a couple hours on each Thursday and distribute a specific set of marketing materials to each house which has a pre-vacant houses indicator. I’ll expand on  what I mean by marketing materials and pre vacant indicators…

Pre-vacant house indicators are a set of indicators which we’ve found that, more often than not, show us that the owner is in a bad position and is about to move out of their house. These indicators are different than the indicators we teach about in our abandoned house training. When driving for pre-vacant houses, you should be looking for an entirely different set of clues, which signal that the homeowners are about to walk away and abandon/vacate their property. The key here is finding them just before they abandon the house.

Unique Marketing Materials Which Stand Out Are Very Important

The marketing materials which we distribute when targeting pre-vacant houses are much different than what other investors use, which is why we get such a high response rate. We take a “sneak attack” approach and distribute a very unique set of materials as we are driving through the neighborhood. We then note the address and then put them on a mail sequence. The mailing they get are nothing close to what other investors use (definitely not the same tired, worn out and over used “we buy houses” postcards that every other investor in town uses), so we get a very high response rate. Much higher than normal, which leads to much higher profits than normal…

Tracey and I have put together an entire training system which teaches you exactly how to target and profit from pre-vacant houses. No one else in the house flipping business has figured out how to reach this group of motivated sellers at precisely the right time, which is just before they walk away and abandon the house. The new system we’ve developed has given us an unfair advantage over our competitors in our market, and it can do the same for you.

A Crystal Ball That Tells You When Sellers Are Ready to Give Up

It’s almost like having a crystal ball which shows you exactly when homeowners are about to “throw up their hands and walk away” from their houses. As a result, there’s huge profits for you to make in this motivated seller niche, because your competitors aren’t targeting these deals (they don’t even know they exist).

Take a look at this house we just bought below. We got it using the “Great Gold Toss” method, which we teach you in the pre-vacant house strategy training.  We closed on this house a couple weeks ago. We purchased it for $69,000 and the rehab will be a maximum of $50,000. The rehab will take approximately 5 weeks to complete and the house has an after repaired value of $210,000. Our anticipated profit, after commissions on the resale and other closing costs, is approximately $81,000.

About the Author Sean Flanagan

Sean Flanagan is a Christian family man, MMA Lover, Jiu-Jitsu and Muay Thai practitioner and self-confessed coffee addict. Lover of everything real estate related and a coach to successful students nationwide. He is the author of PRE-Wholesaling for Fast Cash, Founder of Lucky Buys Yucky Houses ®Motivated Seller Marketing Program , Creator of Pre-Vacant House Goldmine, and also of Abandoned House Secrets.

Sean Flanagan

Sean Flanagan is the CEO and founder of the Investor Lab, a real estate education and publishing company which has trained, coached and mentored thousands of aspiring real estate investors towards successful careers. Investor Lab, LLC was meticulously designed to serve as a comprehensive resource center catering to the distinct needs of real estate investors.

A sought after speaker, real estate coach and published author, he has appeared on major networks such as ABC, NBC, CBS and FOX.

Prior to launching the Investor Lab, Sean founded a now nationally recognized real estate brand which was a pioneer in the industry, introducing many investors to “outrageous marketing” combined with the power of broadcast TV commercials, radio ads and billboards used to saturate a real estate territory and quickly become the most recognized real estate investment company in the area. The brand is now licensed by real estate companies in over 150 markets across the country.

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