I Have The Investors but Whats Next!??

I Have The Investors but Whats Next!??

Investor · Atlanta, GA · Member since 2013 · 11 posts · 4 votes

I have gone to rei meetings and i have followed up with real investors. Many of which need houses in surrounding counties. I have also found investors elsewhere, have a solid 10 investors, 5 of which know i can work with on a continual basis. For those who are experienced, how do i go about finding them deals now, especially in different counties. Any strategies, don't have much gas to drive for dollars much less drive to those counties. I don't want to ask an agent for they will want a percentage and anything they have access to on the market everyone does. Any good ideas as far as how to generate, also there are quite a few houses i see in my surrounding neighborhood that have a for sale sign in the yard being sold by a real estate company, do they hold any value to me, is there a way to make money off of houses like that. Just curious, i didn't know if i was passing up deals daily or if they have know use for my type of service. Thank you, any helpful suggestions will be highly appreciated.

0Reply
23 views

4 Replies

Jump to latestLatest
  • Cardiff, Cardiff · Member since 2015 · 21 posts · 2 votes
    11y

    Chris how did u go about finding your Investors? Thx

  • Real Estate Entrepreneur · Bridgeport, CT · Member since 2015 · 22 posts · 12 votes
    11y

    @Christopher Johnson

    Awesome start Chris! Gathering a solid crew of investors will be a great pipeline for your business. Now to gather sellers to connect to them is another challenge! 

    Bandit signs are a great, and cheap, way to generate leads. By putting them out on a Friday and picking them up on Sunday, it will avoid city workers from taking them down. 

    You could also put out flyers at your local home depot, lowes, hardware stores etc. Give out business cards and put them up on local grocery stores, laundromats, barbers, etc. Post up craigslist ads on a consistent basis. Speak with contractors, other wholesalers, agents, call FSBO and For Rent Signs. Marketing!

    Get your message out there! Speak with everyone, shake some hands and let them know what you do and that you pay a cash referral fee for a closed deal! 

    If you have a little more money to spend, direct mail seems to be a go-to. Pull a list and create a marketing campaign to directly target the areas you want to focus on. 

    Good luck!

  • Investor · Atlanta, GA · Member since 2013 · 11 posts · 4 votes
    11y

    Thank you @Matthew Laggis i will indeed make a list of everything you said and commit to all of those strategies. I know exactly what my investors want, so hopefully by doing what you suggest that deal finds it way to me, thank you again.

    @Arash Zandi i found a good number of my investors from rei meetings around town, they go to those meeting specifically to look for wholesalers and we as wholesalers go there specifically to look for them. So talking to them face to face shows them you are serious and you can develop a relationship with them as well as finding out exactly what they want. Then when you follow up with them they will love it and be ready on your move for the next time you call because they know you are serious.

  • Cardiff, Cardiff · Member since 2015 · 21 posts · 2 votes
    11y

    Thank u Chris. Would love hear more as you generate leads. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.