How to really find buyers!

Question

I know there is nothing that I could possibly come up with that has not been done before, but I really want to share this idea. My business partner and I were having some trouble finding a buyer for one of my wholesale deals that we have. Thankfully he is experienced and I am learning the in's and out's of investing. He got on the MLS and found all the cash buyers within a mile radius of where our property sat. Sure enough we had 2 inquiries and after talking to two different buyers I was able to get a purchase agreement signed. We would have been lucky to get 2k off of this deal. We were even wondering if we could sell this house. Experience pays off and we found a buyer who was willing to accept our asking price with no negotiation! Wow! I am just so thankful for BP to have linked up with such great people in my area who really want to help one another out. Really we all are in competition but the comradery between the Indianapolis group of real estate investors that have come together because of BP is incredible. So, if you think you just have to settle on what you will wholesale a deal for or if you think you need to accept the first buyer that shows interest in your property-think again! We will be able to split a decent amount because we bought it right, and we left enough "meat on the bone" for the next person. Here's to the BiggerPockets Indy group-Salute!

Account Closed · Answer

Congratulation Stephen! I'm new to BP and very impressed with the group I met last week at the meetup in Indianapolis.  Great bunch of people active at BP here.  Keep up the good work!  I'd like to catch up with you and talk more soon.

Don Harris · Answer

Thanks @stephan Barton, hope to see you there

Thanks @ Shawn Holsapple, I'll be traveling next week but will follow up on these

Shawn Holsapple · Answer

@Stephen Barton don't forget to add me to that buyers list!

I buy in all 9 surrounding counties around Indy Metro.

Anywhere, any condition, any price range.

@Don Harris CIREIA and INREIA meet next week.  Then Alpine Capital meets the week after that.

Stephen Barton · Answer

@Patrick Britton my business partner sent letters to them. Then they called me about the details. A letter was sent saying that we understand you have bought properties in this area and we thought you might be interested in a property that we have for sale in the same neighborhood. You would have to have MLS access and choose cash transactions in last year or six months in the area you are working in. It was a great strategy and I believe we will continue to use this as often as possible!

Dan Perrott · Answer

Account Closed

I would be interested in a BP meet up in Indy as well.  Please let me know if and when another is scheduled.  Thanks!

Don Harris · Answer

Thanks @Taylor Jennings

Stephen Barton · Answer

It was just getting together with someone who has been doing this for a while and who is creative. I have seen in my life those who are successful @Ben G. remain teachable, and who always keep an open mind to other techniques. Thanks for the mention!

Ben G. · Answer

@Stephen Barton  I love hearing stories like these and taking action.  I have looked into using that strategy as well.

I don't believe we meant at the last meetup, but I look forward to talking with you at the next one!

Steve Babiak · Answer

Somewhere in this next thread, you'll find the "search the MLS sales for recent nearby cash buyers" method, along with many others:

http://www.biggerpockets.com/forums/93/topics/5410...

Taylor Jennings · Answer

@Don Harris @Dan Perrott

http://www.meetup.com/Real-Estate-Investing-in-Indianapolis/

How to really find buyers!

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