Dallas-Fort Worth Real Estate Investor Club

Creating a Buyers List

  • 02 Aug 2010 11:40 PM
    Message # 395275
    Does anyone have any suggestions on how to build a buyers list for wholesale deals.
    Any tips would be greatly appreciated
  • 04 Aug 2010 11:07 AM
    Reply # 396329 on 395275
    Robin Carriger (Administrator)

    My recommendation is that you attend as many real estate investor club meetings as possible, have as many conversations with fellow investors as you can, collect as many business cards as you can, and give out as many business cards as you can.  Understand what kind of real estate deals each investor likes, what area(s) of town they prefer, how they finance their deals, how quickly they can close, etc.  Follow up with phone calls, emails, etc.  You'll be surprised how quickly your buyers list will grow.

    Communicating on this Discussion Forum and any others like it you can find is also a good idea.

    BTW, my wife, Cindy, and I are buyers.  You can contact us at:

    Robin@AccelereatedPropertySolutions.com and Cindy@AcceleratedPropertySolutions.com

     

  • 14 Aug 2010 5:30 PM
    Reply # 402914 on 395275
    George Bryant wrote:Does anyone have any suggestions on how to build a buyers list for wholesale deals.
    Any tips would be greatly appreciated


    Hi George,

    I agree with Robin.  The more you meet investor the bigger the list.  Additionally, you can register on other wholesale web sites such as our site www.AllWholesaleProperties.com and register for new deals and sign up on other investor email list as well.  Another tip/trick is watch the emails you recieve from other investors and see how many DO NOT use the BCC and send the emails to everyone.  Capture those for yourself and then contact them to find out what they are looking for.  One last tip is "Leveraging" other investor buyers lists.  What I mean by that is post your properties you get under contract on sites such as this www.DFWreiclub.com and www.AllWholesaleProperties.com and use our buyers list we have established to help you sell your houses.

    Good luck and as Robin said, I'm a buyer too so feel free to contact me at tim@allwholesaleproperties.com and my office number is 817-599-8058

     

  • 30 Aug 2010 5:26 PM
    Reply # 410954 on 395275
    Deleted user
    Geroge,

    Tim and Robin are both correct. Here are a few other techniques you might consider:
    1. You might also want to start watching all the newspapers you can find and record the phone numbers of all the "I Buy Houses" ads. Call them & interview them. Most are wholesalers, but some are buyers too.
    2. I would also do a search of the TAD.org database of individuals who own multiple properties. You can contact them and ask if they want to buy or sell a home. You may build some buyers, as well as get yourself some wholesale deals in the process.
    3. Call and ask title companies which investors are buying right now.
    4. Procure a good deal and take signs to all the REI networking clubs in the area and advertise the deal. If it's a good enough deal, buyers will come out of the woodwork to buy it from you.
    5. Call the local property management companies and ask them which of thier clients are currently buying.
    There are LOTS more methods. Hope these help.

    -Greg Wilson ("The REI Mentor" - www.reimentor.com)
    Last modified: 30 Aug 2010 5:26 PM | Deleted user
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