The most effective method to build a buyers list

[Kenya McCormack]

My spouse and I are ready to start RE wholesaling for a career change. I previously held a RE license. I have read so much regarding what should come first. Many say build your buyers list. Others say, don't worry about the buyers list, if you have a valuable deal the buyers will be there. We are in a position where we would feel much more comfortable with a buyers list as we would like to assign the contracts. What is the best way to achieve this goal? We will not be wholesalers unless we can be ethical and of value. We have attempted networking, sent maybe 5 messages to locals on BP and they got labeled as spam, attended some REI groups, and even offered to pay for mentoring- question/answering sessions on BP. Thus far, we have had not had any positive responses.

Does anyone have any positive suggestions?  I am beginning to wonder if the market is flooded and everyone is viewed as competition instead of business associates.  It seems to me that if you work really hard and do your best that it could be a win-win for many.

Thanks!

Kenya

[Account Closed]

Investors really don't have time for wannabe wholesalers. I have gotten so many lists of dreamers and not one has ever bothered to contact me. The problem is to be an investor you have to get a great deal. And since the market is so tight it is hard to find a great deal. To be a wholesaler you have to get a very very great deal because now you have two investors trying to make money on the contract. So I am skeptical about it working out. But if you want to get a good buyers list, go on the MLS or Zillow etc. and look at listed properties I have clearly been flipped. They are very easy to spot. Usually they'll say new carpet completely remodeled, they will have updates, new kitchens etc. figure out who owns those properties. There are your active flippers. As with any endeavor in real estate there are loads of people on the sidelines. You need to find a few that are actually in the game. I would not call these people and say hey I'm trying to put together a list can I get your phone number. No, get a smoking hot deal, then contact these people and say I saw that you were actively flipping homes and I may have a good lead for you.