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How to Use Skip Tracing in Real Estate Investing

Written by BatchService 

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Kids in elementary school are often taught to look for context clues — hints found surrounding an unknown that may help find its meaning. Finding context clues is like searching via skip tracing, but the latter isn’t taught in school. What is skip tracing? It’s become an integral part of the real estate investing industry, but it remains a mystery to many. If you’re wondering how to uncover more real estate investments, you need to master the art of skip tracing.

What is Skip Tracing in Real Estate?

In real estate, skip tracing involves seeking out personal details of property owners based on contextual information. This information may include the person’s most recent employment, familial relationships, social media profiles, or previous addresses. Information like this can narrow down the probable location and contact information associated with the property owner. This becomes relevant in real estate when investors need to contact a property owner to gauge interest or submit an offer.

Why Should Real Estate Investors Use Skip Tracing?

Real estate investors should use skip tracing because it’s often more accurate than other identification methods. It can reveal even more information than public records because it leverages additional sources. While official documents often include outdated information, skip tracing generally provides the most recent and reliable data available.

When Should an Investor Use Skip Tracing?

Real estate investors should skip trace any time they need to locate a property owner. Many properties sit vacant and collect dust, but investors may be able to develop these properties and offer the owner a lucrative sale price, too. Savvy investors are always on the lookout for a good investment — whether or not it’s on the market. Skip tracing can bridge the gap between a hypothetical investment and a completed sale.

Ways to Use Skip Tracing in Real Estate

To use real estate skip tracing for investments, you can start by searching public records that are available online and finding the name of a property owner. This information is often accurate but incomplete, so you may find their name but have no other information. That’s okay — skip tracing will help you fill in the blanks. Continue skip tracing by using the information you have to uncover for more details. For example, if the property owner is Jane Jones, start searching for local Jane Jones profiles on social media. Eventually, you should be able to piece together a profile that includes the owner’s contact information, which will allow you to approach them with an offer.

Skip Tracing with BatchLeads

If skip tracing sounds labor-intensive, that’s because it is. You can easily spend hours tracking down a single phone number. This isn’t realistic when you’re trying to contact dozens of property owners per day. Luckily, BatchLeads offers a simple solution. With BatchLeads, you can utilize a user-friendly lead generation platform to discover the data you need to identify property owners, research residential properties, and make informed real estate investments.

Key Takeaways

Skip tracing is every effective real estate investor’s secret weapon. Whether you’re a professional investor with decades of experience or a new investor looking for your first deal, you need property owner data. You don’t have to do it all yourself, though. Instead, trust your data verification and lead generation to a platform like BatchLeads. Take advantage of other features, such as a nationwide property search and plenty of useful filters, and you’ll find all the data you need to land the deals you’re looking for.

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