Finding Buyers

[Donnell Evans]

I'm fairly new to wholesailing. I invest in real estate and have a property but my problem is too much inventory and not enough buyers. I have a great way to get leads and get properties under contract every week here in Philadelphia. My problem is I want to slow down and concentrate on building a better buyers list. At first I was going on the MLS and calling real estate agents and asking them to ask their buyers if they were interested. I fell like all most of them were doing was writing down the property address and waiting to contact the property owners themselves about listing the properties. I was going to potential buyers that I would meet at the local meetings but feel like they were doing the same thing as well. My question is does anyone have a way of building a buyers list that they think is better than all other ways that they are willing to share? I really don't have the time to go the the sheriff sale and talk to those investors but if you think that's the best way I'd love to hear you say it. (Maybe give your top 3 ways).

[Curtis Waters]

Post your properties on Craigslist - great way for a wholesaler to build a buyers list. When you post focus on financial details (price, ARV with listed comps or projected CAP rate after expenses). Craigslist is also a great place to find motivated sellers. Consider a virtual phone number (such as Google voice) - and answer your phone (biggest issue) or make sure you return calls quickly.