Searching for sellers

[Ariel Echevarria]

Hey everyone. After spending time reading, listening to podcasts, watching videos I've decided to just get out there and search for leads. I posted the following ad on Craigslist looking for potential sellers. Let me know what you all think

We are interested in buying your property! Do you own a house in one place and live in another and struggling to keep up two mortgages? Maybe you inherited a property you don't want and just need to sell? Whatever your situation is we want to help ease your mind. If you are interested just reply to this email and include the following information.

Your Name and contact info

Why you need to sell

Address of the property

# of bedrooms

# of baths

Sqft of the house

A picture if available

And any other details you can provide

After we get the info and do a little research we will contact you to set up an appointment to visit the property and meet with you.

We look forward to hearing from you.

the next step will be news papers since here advertising

[Darrell Shepherd]

haha, kinda like the dog that catches the car he's chasing down the street, huh?

Sure, anyone that runs ads has talked to people like this. There are lots of different sellers in different situations out there, good work on diving in, you'll learn a lot from getting knee deep in the mud.

If you aren't planning on keeping them yourself, you need to have an exit strategy in place for when you find deals. You'd be well served to build a buyers list. Call the other we buy houses ads, rental ads, network, etc. There are tired landlords that want out that will sell at a discount and new guys getting in that will pay retail and you can have the difference for putting them together. That is WAY over simplified, but you get the idea.

When you talk to the guy the first convo should go something like this:

What are the addresses?

What do you think each is worth?

What kind of repairs would they need to be in perfect condition?

What are you getting monthly?

How well do they pay?

Why are you selling?

How much do you owe on them?

Would you sell them for that?

How soon do you want to close?

OK, let me take a look at them and get back to you, whats the best way to reach you?

Then look them up online and see if the situation is worth driving out to look at them.

My offers vary a great deal based on the sellers need, and I like getting creative, but that's the general idea. If you are wholesaling, you should know what your buyers will buy and structure your offers to fit that.

Remember, you are looking for a situation, not a house. Houses that people want to sell are a dime a dozen, just in the MLS, DEALS are made by finding someone with a problem you can fix.