How do i find Cash Buyers?

How do i find Cash Buyers?

Member since 2018 · 7 posts · 1 vote

How do i find cash buyers in Baton Rouge, LA area if i have a deeply discounted property? What are some great methods to do so. Anyone?

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Rental Property Investor · Steamboat Springs, CO · Member since 2017 · 255 posts · 154 votes
7y

1) Ask a local real estate agent with access to the MLS to do a search for recent cash sales in the neighborhood. People that have done cash purchases before (especially multiple in one area) are more likely to be investors.

2) Attend your local REIA meetup and network

3) Buy a BP Pro membership and post it in the Marketplace

4) Click "Store" at the top and buy the new book on raising private capital, lots of other ideas in there.

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  • Rental Property Investor · Steamboat Springs, CO · Member since 2017 · 255 posts · 154 votes
    7y

    1) Ask a local real estate agent with access to the MLS to do a search for recent cash sales in the neighborhood. People that have done cash purchases before (especially multiple in one area) are more likely to be investors.

    2) Attend your local REIA meetup and network

    3) Buy a BP Pro membership and post it in the Marketplace

    4) Click "Store" at the top and buy the new book on raising private capital, lots of other ideas in there.

  • Member since 2018 · 7 posts · 1 vote
    7y

    Nice good advices. What about across country. Sounds like marketplace would be good but does being out of state changes anything.

  • Guy with Great Hair · Austin, TX · Member since 2013 · 2k+ posts · 4k+ votes
    7y

    You need to network and create exposure. Simple

    Talk to people on this site, talk to people in your area, go to conferences. It's not easy, you need to build a reputation and have good deals. Plenty of cash buyers around, deals are what's scarce.

    People need to know who you are, and what you have. Advertise, build a website, do newsletters, build email lists.

    Looking for buyers specifically in the forums is not allowed. If you have a property, advertise it in the marketplace.

  • Rental Property Investor · Steamboat Springs, CO · Member since 2017 · 255 posts · 154 votes
    7y

    Cross country doesn't matter, you can do the same things I listed in any market.

  • Investor · Lafayette/Baton Rouge, LA · Member since 2013 · 1k+ posts · 915 votes
    7y

    Welcome to BP @Josh Rey! Every other Wednesday, there's a Sheriff's sale that's open to the public and it is generally a room full of cash buyers. You can also join the Baton Rouge REIA (found at meetup.com/the-ring) they meeti every 2nd Tuesday of the month!

  • Member since 2018 · 7 posts · 1 vote
    7y

    Wow good to know thanks for the info. @Robert Leonard 

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