Building a buyers list

[Sidney Shannon]

Hello everyone,

What is the best and lest expensive way to build a rehab buyers list? I would like to start flipping wholesale deals in my local market. :D

[Alan Brymer]

There's a best way and a least expensive way:

Least expensive way:

Make a list of every investor you find in an excel spreadsheet or Outlook Contacts:

* Houses for sale in classified ads that have words like "lease/option" and "renovated" or other signs that it's an investor selling it. Call these guys and get their contact info.

* Contact info on people listing houses in Craigslist.org or Kijiji.com

* People who put up Stop Foreclosure or We Buy Houses Signs

* People you meet at REIA meetings

* People who respond to your For Sale ads and signs

The best way:

* All of the above, plus doing some internet marketing to get people to fill out an opt-in form on your website to be on your buyer's list.

This takes some time to learn and some money to get a site with autoresponders, but is totally worth it in regards to the time it can save you. There's a chapter about this in the book This Market Stinks, where Sam Bell talks about how he does it.