Building a buyers list

Real Estate Investor · Bristol, PA · Member since 2008 · 19 posts · 0 votes

Hello everyone,

What is the best and lest expensive way to build a rehab buyers list? I would like to start flipping wholesale deals in my local market. :D

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Alan Brymer

Rental Property Investor · Richmond, VA · Member since 2008 · 90 posts · 8 votes

17y

There's a best way and a least expensive way:

Least expensive way:

Make a list of every investor you find in an excel spreadsheet or Outlook Contacts:

* Houses for sale in classified ads that have words like "lease/option" and "renovated" or other signs that it's an investor selling it. Call these guys and get their contact info.

* Contact info on people listing houses in Craigslist.org or Kijiji.com

* People who put up Stop Foreclosure or We Buy Houses Signs

* People you meet at REIA meetings

* People who respond to your For Sale ads and signs

The best way:

* All of the above, plus doing some internet marketing to get people to fill out an opt-in form on your website to be on your buyer's list.

This takes some time to learn and some money to get a site with autoresponders, but is totally worth it in regards to the time it can save you. There's a chapter about this in the book This Market Stinks, where Sam Bell talks about how he does it.

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Alan Brymer
Rental Property Investor · Richmond, VA · Member since 2008 · 90 posts · 8 votes
17y
There's a best way and a least expensive way:

Least expensive way:

Make a list of every investor you find in an excel spreadsheet or Outlook Contacts:

* Houses for sale in classified ads that have words like "lease/option" and "renovated" or other signs that it's an investor selling it. Call these guys and get their contact info.

* Contact info on people listing houses in Craigslist.org or Kijiji.com

* People who put up Stop Foreclosure or We Buy Houses Signs

* People you meet at REIA meetings

* People who respond to your For Sale ads and signs

The best way:

* All of the above, plus doing some internet marketing to get people to fill out an opt-in form on your website to be on your buyer's list.

This takes some time to learn and some money to get a site with autoresponders, but is totally worth it in regards to the time it can save you. There's a chapter about this in the book This Market Stinks, where Sam Bell talks about how he does it.
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Bill Jur
Real Estate Investor · Philadelphia, PA · Member since 2008 · 40 posts · 1 vote
17y
Placing ads on Craig's list and Kijiji.com
and also attending R.E. investing meetings.

Bill
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Mark Yuschak
Residential Real Estate Broker · Grand Blanc, MI · Member since 2008 · 885 posts · 316 votes
17y
What are some catchy ads you guys use for Craigslist? I've posted a couple in my area and got no responses.
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Curt DavisBusiness Member
Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
17y
Mark, you need to add symbols and different things in front and after the post for example:

----====Investment Property For Sale====----
//////////Investment Property For Sale\\\\\\\\\\\\\

These are just a few simple examples.
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Chris Jacob
Bowie, MD · Member since 2008 · 18 posts · 1 vote
17y
A few faux ads, on free advertising/classifieds sites such as craigslist.com, and Kijiji.com as the poster above mentioned will have investors contacting you.

Networking at local REIAs has also worked well for me. But by far the websites above have helped me build my investor database the most.
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Nick J.
Residential Real Estate Broker · Payson, AZ · Member since 2009 · 3k+ posts · 1k+ votes
17y
Originally posted by Mark Yuschak:
What are some catchy ads you guys use for Craigslist? I've posted a couple in my area and got no responses.

Mark, I've posted fake properties on craigslist before. What I did was took an old pic of my house and created an ad on postlets.com b/c they have a quick link to craigslist tab and I used catchy words like, 'rehabbers special' rehabbers dream' 'investors only, needs major work'................Now I know that's a little mis-leading however I did receive calls from the exact guys/girls I wanted calling me. I didn't receive a lot of calls but the calls I did get were serious rehabbers/buyers and thats all that matters.
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Will BarnardPro Member
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Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
17y
Not 100% moral, but a great idea and it doesn't hurt anyone!
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LeJon Ratchford
Huber Heights, OH · Member since 2009 · 120 posts · 15 votes
16y
This seems to be sold advice, I will begin using some of these ideas immediately. Thank you gentleman.
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