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Updated about 9 years ago on . Most recent reply

Account Closed
  • Belleville, NJ
33
Votes |
88
Posts

Finding a Deal Before Cash Buyers

Account Closed
  • Belleville, NJ
Posted

Has anyone wholesaled a deal but just found the deal first without first finding cash buyers. I want to know, isn't a great deal a great deal. I hear so many people saying build your list, build your list, but I find that I can have 100 buyers on my list, but they all have different criteria and even if I find a deal for someone who buys what I have, their money could be tied up in other projects, so having 100 buyers on my list can feel like I have zero. I also am not a fan of doing "ghost ads" where you would post a fake property to have buyers contact you and you just tell them the property is under contract and if you find another deal will they like if you e-mailed them. A lie is a lie and to start a business relationship that way is unethical. Anyway, are there any wholesalers who have attained great success by just finding deals first or investors who think "find the deal, and the buyers will come." 

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4
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Malcolm Harris
  • Investor
  • Hagerstown, MD
3
Votes |
4
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Malcolm Harris
  • Investor
  • Hagerstown, MD
Replied

  If I may chime in.

@Justin Valedon

        I just wanted to comment that I find it refreshing that you are opposed to using dishonest methods for building a client list. I have seen and read a great deal of suggestions on various sites, including BP, where an investor, flipper, wholesaler, lender, guru or whatever will brazenly make a suggestion to new R.E. Entrepreneur to build clientele with dishonest methods. I have heard about Fake Bandit Signs, a Fake Craigslist ad, Lying to Fellow Wholesalers by scanning their inventory on their website and reverse engineering the buyers for their properties at the county, lying to title company employees, paying clerks at the county office under the table for data...........etc. , etc.. etc. The list goes on. 

    Listen, folks. I want to be successful like anybody else; but I am not willing to do any of these things and I hope that you guys and gals are not either. 

  Just my 2 cents.

@Account Closed

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