Creating a Buyers List For Wholesaling

[Chris Tarashuk]

Hey everyone, still new and been trying to do a lot of research on wholesaling. Grnerally I've seen people saying to have some sort of a buyers list before approaching a deal. Do you all agree and what are some tips in creating that list to begin with?

PS: Please share any other good reads or watches on wholesaling I have much to learn!

[Maurice Smith]

@Chris Tarashuk Essentially, there are two schools of thought on this, neither is right or wrong. Some say get good deals and the money and buyers will follow. Other say network and build a buyers list and leverage their buy-box to guide you. In my opinion, the latter is more effective and the best way is at your local REIA, platforms like this, and/or using data to identify frequent and recurring buyers. Let me support my perspective. You often here qualify your cash buyers. Well, we pull cash buyer data and analyze the frequency, consistency, and if available the type of money buyers are using and build profiles. After outreach we have a solid idea of which deals will be appealing and work best for various types of buyers. I say all that to say, you can be successful with both approaches. It all depends on your comfort level.