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Updated about 8 years ago,
Building repertoire worth cash buyers when you don't have deals
hey guys. A wholesaler here with a question.
So I have switched heard and concentrated on building a buyers list as a priority over finding motivated sellers. I had a decent deal recently and couldn't sell it because I had an 8 person cash buyer list of unmotivated, new investors that wouldn't pull the trigger. After repairs, the house was still well below 60% of arv. In this market, that's not something to walk away from.
So I have built it to 25 people in two weeks but honestly, I think there's just a few real investors I it.
My question is, I don't currently have a deal to offer but I don't want these guys to blow me off. Am I cook add long as I have their contact info or should I be building relationships with them? My only goal right now is to make sure they stay interested in me as a source.
Thanks