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Updated about 3 years ago on . Most recent reply
How to market a property that is owned to investors?
Hello Everyone,
After two years of waiting and educating, I finally have a property to sell, that I own through Hard Money and need to offload. I have tried to list it on BiggerPockets marketplace, but nobody seems to be on there, or at the least, I have no bites. I have gone to Facebook to post the details on a couple Investor offmarket groups and will continue doing so. I have also called "local" We Buy Houses companies (I am a competitor with my 'We Buy Houses In Central Texas' company). My next strategy is to list it on the MLS in two weeks if I do not get offers on the property. Does anyone have suggestions on better ways to market, something I may have missed? I do not have a buyer list and was wondering if it is unethical to comb email addresses from the Facebook groups and generating a list to email. But, I am uneducated about the morality or legality of such operations, especially since I do not have an opt-out option due to the uneducated aspect.
All suggestions, critiques welcome. Thanks everyone in advance.
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How much is your hard money loan costing you? I'd list it on MLS or at least have a couple of realtors come by and give you estimates. The market is usually quieter around the holidays.