Making and using an investor buying list

[Jeff Fairchild]

I've collected quite a few #'s and emails from investors who have "I buy houses" types of ads on craigslist and other places. I've heard of people contacting them first before you send them a deal to find out what they want.

How do you have your buyers list organized?

When you get a deal, do you usually just send out a bulk email to 30 buyers at once or do you go to your organized spreadsheet and make phone calls one at a time till you find a buyer?

Is it ok to ask each investor what % of arv they buy at or will they be offended?

I'm assuming it is best to shop the deal around as much as possible to get as many investors interested so you get multiple offers. What lessons have you learned in this area to get the highest assignment fee possible but without offending any investors?

Anything else you've learned to get the most out of your buyer list/deals?

Thanks,
Jeff

[N/A N/A]

I would say the best thing you can do is build the biggest list you can and just shop every deal you have to all of them.

Best Wishes,

[Ryan Webber]

I personally don't shop it to "everyone" until I have personally hit my serious investors. A serious investor wants to feel special. Depending on the deal I will normally contact a serious investor directly with the deal and tell them I haven't marketed the deal yet and I need an answer by this time. I do that with the serious players and then when the clock's up I throw it on my website, send out emails, and go berserk with it.