Plenty of properties not enough buyers

[Christopher Wynn]

Hi All, I'm a real estate broker here in Raleigh/Fayetteville I focus solely on investment properties in my area and bringing them to my buyers. I was wondering if anyone had any advice on how to find active End buyers to build my list? 

Thank you for any help! 

[Lydia R.]

There are lots of options for finding buyers for deals. Here are some of my favorites:

1. Facebook groups for investors and wholesalers in your area. Look specifically for groups that allow deal posting because not all of them allow this

2. Facebook marketplace

3. Local REIA meetings and real estate meetup groups

4. Foreclosure auctions. This is one of my favorite strategies. Everyone bidding on properties at the auction should be on your buyers list. You already know they're buying and they have the cash to close.

5. Listings in the area. Any time I have a property under contract I get on Zillow and look at flipped properties that are for sale or recently sold. I call the seller because they were the investor who rehabbed the house or the agent who represented the seller to find out if they want to buy more property in that same area. Same goes for rental properties. The owners of active rental listings are landlords who may be interested in acquiring another rental property in the same area.

6. Propstream--great tool for finding hedgefund buyers and large investment groups.

7. Hard money lenders. Another one of my favorite ways to find buyers! Hard money lenders have a database of investors they've loaned money to for real estate investments. They can push your deal out to their entire list. Why would they do this? Hard money lenders dont make money unless they give loans. Pushing out your deal directly benefits the lender because they make money if an investor decides to buy it.

8. Mid size and large property management companies. Same reasons as a hard money lender. They have a database of clients who own rental properties. If someone wants to buy another one the property management will most likely be the one to manage it. You can always count on someone to do something that directly benefits them.

This is by no means a comprehensive list but it should be enough to get you started. Hope this helps!