5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings

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Getting started with my first blog

Monday, April 20

Building a buyers list:

Find your local chapter of "National Association Of Remodeling Contractors" (easy to do online) and call a couple of dozen names on the members roster. Interview them and if it looks like they are rehabbers, say to them:

I'm a real estate investor who buys, renovates, and sells single family houses. I'm very good at finding excellent properties that are candidates for renovation. I often find more properties than I can handle.

In the past, when my plate was full, I'd make note of properties I couldn't handle in hopes of getting back to th owner at a later date.

Now, if I find a property that looks like a profitable deal is that something I should give you a call with?

Most other real estate investors have ignored this segment of the buyer market. Make a couple thousand and leave the lion's share of the profit for the investor doing all the hard work.


Comments

  1. Colleague_thumb_avatar-riogroup

    Nancy Dito Reply
    about 3 years ago

    Hi Eric,

    Thanks for the tip. I've been trying to build my buyers list and it's trying at times. Here is another tip I don't know if you've tried or not: go to the home auctions and find buyers there. People are wanting to purchase at a discount and they have the money. I found two good buyers.

    Thanks again, Nancy Dito Bomar Investments

  2. Colleague_thumb_avatar-gvsmith

    Gail Smith Reply
    almost 3 years ago

    Hey Eric...you look familiar and I recognize that card! Were you in Atlanta for the bus tour with mark in april? Gail

  3. Colleague_thumb_avatar-gogladiator

    Harrison Painter Reply
    almost 3 years ago

    Congratulations on getting started with a blog!

    Great post!

    ~Harrison Painter

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