Where can I find cash buyer transactions

Question

Hello BP I am trying to get started in wholesaling, I wanted to build a cash buyers list first but I am having trouble finding the cash buyers in my area. I will be attending local REI meetings to network but while in front of the computer where should i start searching ?

Allen Fletcher · Answer

@Edward Nelson take some time to look up "We buy houses (insert your city here)". Pay attention to bandit signs. Talk to contractors that are working on homes while you are out for a walk. The people that buy using cash are usually investors and will be blanketing areas with advertising. Respond to their advertisements and talk to them.

When you talk to them, ask questions that will get you a list of the things that cash buyer looks for in a deal. Focus on things like type of house, neighborhood, types of renovations that they do not like to do, etc.

Once you have done this you have created a profile that will help you identify if that investor will buy the deals you find. The one thing to remember about being a wholesaler is that you are hunting for deals for another investor. The best wholesalers are those that hunt down the deals that other investors want and then treat those investors well. If you do this, you will be successful.

Good luck,

Allen Fletcher