Who To Look For: People with money but not enough time.
- Rehabbers
- Contractors
- Rental Property Owners/Buyers
- Wholesalers
- Homevestors Franchisee
- Professionals – Doctors, Lawyers, etc..
- Country Club Members
- Retirement Accounts
Where To Look:
- Real Estate Investment Clubs
- Newspaper
- Bandit Sign Ads
- Online – craigslist,
- MLS – Cash deals in past 90 days
- Title companies
- Closing Attorneys
- Public Records
Quick Tip To Building Your Buyers List:
- Landing page – website
- Direct mail
- Bandit signs
- Biz cards
Most Important: Ask if they would like to be placed on your priority buyers list (the serious ones will), and write down the types of properties they are looking for, the areas of town, and all of their contact info (email, phone, fax). MOST IMPORTANTLY – ask if they can close with cash immediately.
As real estate investors, building a cash buyers list is crucial to your success as a . Remember, even if you don't have a property available you are still able to build a database of qualified buyers. So no more excuses. Cash buyers are an investors dream because of how easy it is to work with him. If you simply dedicate 30-90 days of marketing to build your list, you should end up with a very comfortable portfolio of investors.
Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing.
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