wholesaling/ virtual wholesaling???

Question

Best strategies to build a cash buyer list???

Chris Gould · Answer

@Darian Hardy

Couple ideas

1. Post your deal to Craigslist without the exact address. Then interview all the inquiries that come in and add them to your list.

2. Bandit signs that say “FIXER UPPER. 2b/1ba 25k CASH” and then interview everyone. Even if the deal is gone or pending with another investor, still interview them and add them to your list.

3. Pull cash buyers from PropStream.com ($99/mo) and then skip trace their info through LeadSherpa (they can get LLC contact info). You can hand dial them or text them through BatchLeadStacker or load them into a dialer like Mojo and cold call them. (I literally am doing this this week and it 1000% works. I do it every six months or so to refresh our investor list)

4. Offer $1000 to your existing cash buyers if they refer someone who ends up buying a deal from you. 9 of 10 referrals won’t buy your current deal BUT they’ll now be a part of your list. If they bring you someone who buys a deal and it makes you $15k, the $1,000 is totally worth it.

5. Scrape FB pages for your city’s real estate investors. For example, I scrape buyers from “Indianapolis Real Estate Investors” all the time. Can pull 20 from there easily every month.

Good luck!!

Steven Foster Wilson · Answer

Find a deal, then tell everyone about it, guarantee you'll get some good buyers.

However I am so annoyed when wholesalers ty to get me to join their mailing list when they have no deal, here in Columbus wholesalers are a dime a dozen, but there are only a select few who actually produce. Be a producer!

Remington Lyman · Answer

I do not mind when a new wholesaler adds me to their list. I would say about half the deals I do come from new wholesalers. New wholesalers do not have that big of a list so when they do get a deal then you do not have a lot of competition on it. I think I have about 100 wholesalers emailing me here in Columbus, Ohio

Jared Prevost · Answer

Hi Darian,

It's not hard to get people on your buyer's list with a simple FB post, however, the name of the game is getting high-quality buyers. As a wholesaler, you need complete trust that your buyer will execute as it's your name, revenue, and seller on the line.

I am a big fan of in-person networking. Go to a local meetup and ask who the serious buyers are, chances are you'll here the same handful of names over and over. I would also check references, call the title companies and wholesalers who have worked with this buyer before and see how ethical and honest they are.

Hope you find this helpful!

LaVon Towns · Answer

Hi Darian,

I find that going out D4D and looking for active project sites and then logging those properties to later skip trace to build my buyers lists.

This ensures that you are speaking to active buyers and also gives you insight of where and what said buyer may be buying in your city.

Pro-Tip- If you find any LLC or Trust youve pretty hit that jackpot, most everyday folk will not buy a property and place it in the name of an LLC / Trust or another entity. These buyers are more than likely to have more than one property and in that neighborhood too. Creating a relationship with them can make the quality of your buyers list to  be prime.

Carpe diem!!

Remington Lyman · Answer

I have virtual assistants for that

Ryan Vasquez · Answer

Hi Darian, I'd love to connect with you and potentially get added to your list. send me a message and let's chat!

Chris Gould · Answer

@Duane Alexander

Another great thing to do is get on PropStream and pull cash buyers from last six months or a year within a mile radius of what house you’re looking to wholesale. Skip trace that list through lead Sherpa (they can do LLCs) and then hand dial it. Shouldn’t be more than 20-30 at most. Sometimes it’s only 5 when you do this.

Jackson Zoeller · Answer

@Darian Hardy

I generally find them when I'm making calls.

Duane Alexander · Answer

Do you do the scraping manually or do you have any tools you use to do that?

wholesaling/ virtual wholesaling???

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