Newbie in Houston Texas, building buyer’s list

Newbie in Houston Texas, building buyer’s list

Houston, TX · Member since 2018 · 18 posts · 6 votes

Hello, I’m Princella. I’m brand new to Real Estate Investing and brand new to Bigger pockets.  I am transitioning into real estate from 3.5 years of car sales. I’ve learned some valuable skills from that industry and am looking forward to applying them here. I’m interested in having multiple strategies in my arsenal from wholesaling, to short sales, subject to’s and flipping. What is the best way to build my buyer’s list? 

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Investor · Snohomish, WA · Member since 2017 · 110 posts · 60 votes
7y
  1. Go to foreclosure auctions and network
  2. Find an agent that will pull all homes on MLS purchased with cash within the last 6 months. Then find any duplicates, proving they are repeat investors in that area.
  3. Call any bandit signs saying 'We Buy Houses' (etc.) and network
  4. Go to your local REI group meetings and network with investors

Good Luck @Princella Carr!

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  • Investor · Snohomish, WA · Member since 2017 · 110 posts · 60 votes
    7y
    1. Go to foreclosure auctions and network
    2. Find an agent that will pull all homes on MLS purchased with cash within the last 6 months. Then find any duplicates, proving they are repeat investors in that area.
    3. Call any bandit signs saying 'We Buy Houses' (etc.) and network
    4. Go to your local REI group meetings and network with investors

    Good Luck @Princella Carr!

  • Houston, TX · Member since 2018 · 18 posts · 6 votes
    7y

    thank you Bryce. 

  • Investor · Snohomish, WA · Member since 2017 · 110 posts · 60 votes
    7y

    Of course @Princella Carr! Good luck out there!

  • Mike ReynoldsPro Member
    construction · Nacogdoches, TX · Member since 2011 · 2k+ posts · 1k+ votes
    7y
    Originally posted by @Princella Carr:

    Hello, I’m Princella. I’m brand new to Real Estate Investing and brand new to Bigger pockets.  I am transitioning into real estate from 3.5 years of car sales. I’ve learned some valuable skills from that industry and am looking forward to applying them here. I’m interested in having multiple strategies in my arsenal from wholesaling, to short sales, subject to’s and flipping. What is the best way to build my buyer’s list? 

    If you find any bare land, say less than 5 acres, near Nacogdoches give me a pm.

  • Houston, TX · Member since 2018 · 18 posts · 6 votes
    7y

    Will Do Mike

  • Retirement Accounts Attorney · Southfield, MI · Member since 2017 · 3k+ posts · 1k+ votes
    7y

    @Princella Carr

    Welcome to Bigger Pockets.

  • Houston, TX · Member since 2018 · 18 posts · 6 votes
    7y

    Thank you George 

  • Investor · Houston, TX · Member since 2017 · 1k+ posts · 871 votes
    7y

    Princella just saw this thread. Have you been to one of the meetups at Quest Trust? They hold them on Tuesdays. Look them up. Even if you don't have funds to drop into an IRA, still come learn about it. Best place to meet some real people that are actually doing deals.

  • Investor · Houston, TX · Member since 2017 · 1k+ posts · 871 votes
    7y

    Another one is the Houston Buyers Club.  Russell brothers put that one on, and I also try to attend those.

  • Lender · San Antonio, TX · Member since 2018 · 109 posts · 108 votes
    7y

    @Princella Carr go through Zillow and call all the listing agents that have listed houses that are rehabbed. If they represent one investor, they likely represent more. Some want to get paid for being in the middle - other's don't (they just want to keep their clients happy). Either way this is targeting qualified people that are actually doing deals.

  • Multifamily Syndicator · Houston, TX · Member since 2018 · 188 posts · 192 votes
    7y

    @Princella Carr

    My recommended ways to build your list:

    1) Face to Face meetings with other investors at local REIA meetings. Talk to others, see what they do, and ask them if they want to be on your buyers list. Make sure you have business cards for this.

    2) Post on Facebook in your local investor groups you are looking for cash buyers. Be prepared - you will get A LOT of email addresses & phone numbers, but that doesn't mean they're all good buyers. You need to do your due diligence on some buyers. 

    3) Network with a local agent and ask if they can pull a list of homes sold to CASH buyers. Skip trace the names of the buyers and call them and let them know you see they buy houses cash and ask if they want to be on your list

    4) All the tips mentioned above are great too!

  • Houston, TX · Member since 2018 · 18 posts · 6 votes
    7y

    @Mark Sewell  I actually plan on going to a quest meeting next Tuesday.

  • Michael DangPro Member
    Rental Property Investor · Houston, TX · Member since 2015 · 454 posts · 273 votes
    7y

    Welcome to BP!  Lots to learn here.  Good advice above.

  • Real Estate Agent · Denver, CO · Member since 2018 · 5 posts · 2 votes
    7y

    Definitely network, network, network! Lots of real estate events around town, some even let you present any deals you are looking to sell. 

    Posting in Facebook groups tends to help as well, if you have a deal or are focusing on finding deals in a certain zip code, you can post something like "who is buying deals in ____ zip code?" 

    It's a long game, you build it over time. But know who your real buyers are and maybe even have a "VIP List" of buyers you know can close and perform and that you trust. 

    Good luck!

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