Fastest way to build cash buyer list - looking to swap?

Question

Just looking for advice on the fastest way to grow my cash buyers list for wholesaling deals.  I've got about 125 right now.  If anybody wants to swap lists with me, let me know.  I'm in Staten Island NY, and New Jersey.  Essex, Union county area.

John Dreher · Answer

Oh and by the way, going to the auctions is a GREAT way to get some serious cash buyers.  Get there early (well before the start of the auction) and be ready to move fast.  You don't want to take up too much of their time, but explain to them what you do and that you hope you can be of service to them.  Most are very receptive since they are, of course, looking for deals!!

@Brock Lile @Kim Beckham

John Dreher · Answer

@Brock Lile also try that with Craigslist ads.  Go to apartments listed for rent by owner.

@Kim Beckham go to www.gosection8.com for the section 8 listings.  It is time consuming to do this, but it's totally worth while.  I pulled in 50-60 cash buyers from doing this.

John Dreher · Answer

Thank you Lexi. I would say that most of my list are very serious buyers. About half were contacts I made from local sheriffs sales. So they are cashed up enough to close in 30 days. And most of the others are directly from section 8 and Craigslist ads where I contacted the homeowner directly to ask if they wanted to add to their rental portfolios. I do have a separate list that includes other wholesalers as well.

Kim Beckham · Answer

Great tip.  Thanks again.

Kim Beckham · Answer

Thanks John!

Kim Beckham · Answer

Just starting in this area.  What's the best way to identify section 8 owners?

Brock Lile · Answer

Thanks for the info I appreciate it. I'm going to try that.

John Dreher · Answer

@Brock Lile  It took me about a week to get where I am now. I texted every landlord in the areas I target from gosection8.com. It was several hours of work, but worth it. Text is good because it’s fast and you can move on to the next one. Calling might be more lucrative, I’m not sure. But I was getting a 15% response of yes from texting the owners. I think that’s pretty good.

Brock Lile · Answer

What was your best CL strategy and how long did it take you to reach that number? So you basically went to auctions and started networking? Calling the Section 8 owners is a great idea. I'm  just trying to learn some effective techniques.