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Updated almost 10 years ago on . Most recent reply
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Building a buyers list - Quantity or Quality?
Morning! (well, morning for me, I'm in Phx on coffee 2).
Been wholesaling since Sept '14 and have been very blessed and humbled to have closed almost 3 deals (if all goes well in the next couple days). We're starting to really gain some traction in acquiring deals which leads me to my question.
I've been JVing with my good buddy and mentor 50/50 on deals because my buyers list is so limited (another word for small). I was raised to always make solid relationships and to always be someone people can count on. I hear all the time that guys have these massive lists but I'm not necessarily looking for a massive list. I'm looking for solid relationships with investors that know I'll find them some smoking deals for them. Basically quality over quantity.
What's the best way to do this?
I've just been picking up the phone and calling investors which is not the most fun in the world. I always get the feeling they want to say "who the $%# are you and why the #$!@ are you calling me?!"
I've heard direct mail works, LinkedIn and BP.
So what's the best way?
-Adam
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There might not be a BEST way but there are posts upon posts of how to get a buyers list on this forum. More than likely you'll have to get the quantity to get to the quality.
This game doesn't happen over night sadly... :( from my experience cold calling isn't fun but success doesn't come without hard work. If they have a problem with you handing them a deal on a silver platter well it's their loss they obviously are not the investor you're looking for!
Put your foot on the gas pedal and don't let off!