Tim Bell describes asking a title company to search public records for cash-purchased properties where the owner's mailing address differs from the property address, indicating non-owner-occupied real estate. These owners are likely buyers for income-producing properties.
Now the next one is essentially the same thing, but it's from a little bit of a different source. Ask your title company to do a public record search of properties whose owners paid cash and the property is non owner occupied. In other words, every county records in America has at least two address fields. The first address field is the physical address of the property. The second address field is the mailing address for the tax notices and other records for the owner. So the title company's computer can differentiate between those properties and they can pick out those properties where the physical address of the property and the owner's mailing address are two different things. You can contact those people and ask them if they'd like to buy another income producing property. Obviously, if their mailing address is different than the physical address of the property, it's non owner occupied, they don't live there. Okay. And so that could be a perfect setup. Now later on we are going to talk about how to develop a relationship with the title company or title attorney's office so that you can get these records. Understand that you will not be able to just walk in off the street to any random title company and say, hey, would you give me a list of all of the owners who paid cash and are non owner occupied property? They're going to look at you like, who are you? Okay. But I'm going to show you later on how to develop that relationship so that they will happily give you that list.
