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Updated over 2 years ago on . Most recent reply
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Newbie Real Estate Investor - Learning & Networking
Hi Everyone!
My name is Brandon and I am a new real estate investor located in the Washington D.C., metro area. Im starting to get my bearings within real estate investing, the market, terminology and formulating my personal strategy to begin building wealth. I currently have litte capital and stumbled upon the idea of wholesaling real estate as a starting point to get my feet wet, build my network, learn about negotiating and dive in head first.
Im looking to connect with other investors either in the area or around the country who would have an interest in speaking with me! Im currently bootstrapping my way into the industry and have a few questions that I feel would help me with my first step:
1) What's the best way to contact cash-buyers (3-5) that I can begin building rapport with to learn from and utilize as I begin compiling distressed propoerties?
2) What language or verbiage would you use to contact these buyers that would help me set up time to just connect with them versus try to sell them the idea of me finding real estate on their behalf - I dont want to come across as someone who only wants to use them as buyers - I want to form genuine connections.
I love building relationships and expanding my network, so I am looking forward to chatting with you all!
Happy to be here :)
Brandon
Most Popular Reply
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@Brandon Ferder there are a few ways to find buyers. Pulling the Cash Buyer List from Propstream is one way, or investing in being on the InvestorLift platform (which shows both cash buyer AND buyers who have bought using debt; I've successfully closed many deals with buyers who used hard money lenders). As far as speaking to them goes, all they want is for you to have the quick low-down on whatever deal you have in the works. They usually don't want to spend a lot of time talking, they just want you to call them when you a deal. Trust me, you'll be in the middle of your opening lines and they'll cut you off and ask "What do ya got?". So if anything, focus more on sourcing deals, and only work on deals that investors would want, i.e. min 900 sf homes, relatively normal construction (not weird, funky stuff), etc. You can reach out to me direct, if you want.