How to acquire "Serious" buyers??

Question

Account Closed · Answer

Serious buyers are drawn to good deals.  I would check your metrics and make sure that you have assessed your deals correctly.  If you aren't getting any serious interest, you probably haven't.

Gerald McCullough · Answer

Hi, Patrick I'm a fairly new wholesale investor myself, congrats on your first property. I currently have 5 under contract and seem to have the same problem with buyers due to the fact of the neighborhoods as well . I just keep marketing on Craigslist and I actually meet new buyers every other day my advice is to use the property that you do have and build your cash buyers list for future properties that you acquire get a good detail on what they are looking for and don't stop looking til you make your first deal .

Susan Maneck · Answer

I live in Jackson and just bought my first house through a wholesaler. My other houses were mostly HUD, Fannie Mae, etc. I'm a bit wary of wholesalers because I understand there are legal problems with wholesaling if you don't have a real estate license, but this house was in a neighborhood I favor, as it is near where I live. I received an email ad from the wholesaler and must say I got a great deal.

Joseph Molander · Answer

Hay @Patric Robertson,

I'm just about the finish repairs on my first hold property if found through a mailing campaign.  I also found a hand full of people looking to buy properties on accident while I was searching for the house I ended up buying.  I sent out a bunch of letters and talked to a lot of investors wanting to sell and a bunch wanting to buy.  I couldn't get the two sides to line up just right but I did end up buying my first investment property and made couple connections.  You can also try craigslist I've found a couple people there looking to buy rent ready houses and fixer uppers.  Give them a call find out their criteria then see if you can help them out.  What areas are you working in if you don't mind me asking?

Best of luck.