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Showing posts with label building wholesale buyers list. Show all posts
Showing posts with label building wholesale buyers list. Show all posts

Tuesday, November 11, 2008

Striking While The Iron Is Hot

11/11/2008

Sorry for not posting much lately........ things have really picked up for me in the last month, and I have have been swamped. I've been going at it full speed ahead, and the results I am getting are well worth the hard work I'm putting in...... I've closed 2 deals in the last 2 weeks, and have 4 more scheduled to close in the next 30 days!

I've been making offers like crazy, and also marketing like crazy for new buyers. I put out 25 signs on Saturday and 25 more today. My phone has been ringing off the hook, and I have found several new buyers as a result.

Today I went and looked at 7 houses while I was putting signs out. I also compiled a list of 23 numbers to call from "for rent" signs I passed while I was en route to the 7 houses (see how I killed 3 birds with one stone?). I will make those calls first thing tomorrow morning.

I have seriously struck gold with the new buyers I've found over the last few weeks. I have 3 cash investors who call me every day to see if I have any new deals, and these guys are serious investors who are buying right now, and want to buy lots and lots o' houses, and they have the money to do so. I know that there are many more buyers out there like these guys, so I am marketing my ass off to find them.

There is no stopping me at this point.

I am going to kick this market's ass and take lots of names while I'm at it...

Gute Nacht!

P.S.
Happy Veterans Day!

Wednesday, November 5, 2008

How I Find Cash Buyers In A "Crappy" Market

11/5/2008

I have received several emails asking questions about the signs I use to sell my deals and to attract new buyers.

I use 18x24 blank white choroplast signs. They cost me 88 cents each, and I cut them in half myself (they will cut them for you, but it costs more, and I am cheap). I buy them at a local company (Laird Plastics), but it looks like they have locations all over the place. I can't speak for the other locations, but here, I can just drop by their shop and they will have my signs in a few minutes, and they are super nice.

I have been putting out 25 signs every Saturday morning. If I don't have a deal of my own to sell, I will market something that one of the other wholesalers I work with is trying to sell (someone always has something to sell). If you are just getting started, I would highly recommend contacting some of the active wholesalers in your area and asking them if they have any properties to sell. This is a FANTASTIC way to get your feet wet, build your buyers list, and learn your market. And there is no risk involved at all. If I was starting over, that is exactly what I would do. I would find the most productive wholesaler in town, call him (or her) up, and ask if I could help market their properties. Then I'd go out and market like a mad person. There is no better way to learn than getting out in the streets and DOING....

Anywho, here's a picture of one of my signs in action....



P.S.
Don't prank call me.