I have deals, no buyers, just tire kickers! Am I alone?
Good Morning -
I am ranting this morning about my so-called cash buyers list. I meet these wonderful people at investor meetings, or they call me from my Craigslist ads. I find properties they want and negotiate the price just right, then they disappear!!!!
I used to think I didn't price my deals right but my mentor says my deals are priced just right so what exactly am I doing wrong?
I remember my FIRST deal. I got a house worth 90k for 25k, needing no repairs. It took nearly a month to find a buyer, and at the time, I advertised the home at a mere 36k!!! The home was in a desirable neighborhood (one where most investors can't find property unless they are referred), brick, and very well kept.
It's either my market or my marketing...I am guessing. Or maybe this is how a new investor is hazed into the business. Insight?