How do you build your buyers lister as a newbie?

Question

As a newbie starting off Wholesaling or REI period, how do I build a buyers list of people to call once I have a property under contract?

Sabrina Kane · Answer

Hello @Ryan Payne Welcome

Trust Me! When you find your 1st deal and its a deal. You wont have to worry about trying to build the list first. You list it in 3 places and I'm certain it will be gone. Here's the plan

Get you a GOOGLE VOICE NUMBER ( its a must yes it is)

Day #1.

Marketing : List on Craigslist 5 times a day about 8am 11am  2pm  5pm  8pm (thats a 3 hour spread to cover the clock at early birds, lunch hour, after work, at home, night crawlers)

Here is a sample listing of what to mention (from my actual listing numbers change*) .

Make sure you have good pics at least 6.

SUBJECT TITLE :  $$►►Wholesale Deal OFF MARKET STEAL - $30K - ARV $105

"30K Steal of a Deal - Don't Let The Boarded Up Windows Scare You"Houston TX, 77021Neighborhood: Ost - South UnionMarket Area: University

Property Description**DIAMOND** in the Rough Flip Opportunity or Cash Flow Rental in South Union, Houston TX. Property is 4 miles from TSU. Located in the heart of University Market Area. Exterior and interior work needed. Has been unoccupied for a few years.

ALL COMPS have sold within 6 months. Property DetailsSquare Footage 871Bedrooms 2Bathrooms 12 Driveways for extra parkingStorage Shed In BackyardYear Built 1945After Repair Value $105,000Est. Repair Costs $40,000Asking Cash Price $30,000

Buyer pays all normal closing cost$2000 NON-REFUNDABLE deposit to lock in this deal.

SERIOUS BUYERS ONLY - NO WINDOW SHOPPERSCall or Text or Email RYAN - I'll reply promptly to all communications.

NEXT MARKETING SOURCE

Then list it for free on www.MyHouseDeals.com

Then list it for free on www.Zillow.com

Thats all you really need. The phone will ring off the hook. Remember GOOGLE VOICE is forwarding all the calls to your cellphone, also its capturing all these investor caller phone numbers. You will text them or call them when you get your SECOND DEAL. You should have a list of about 50 investors or more if you do this.

For the Next Days Until Sold You Are To : renew your ads on craigslist if they expire, and repost every day 5 times a day. If you do not want to do the posting.

Go to www.Fiverr.com and pay $5 to have someone post to CL for you for 5 days.

ONCE ITS SOLD: Leave the Ads Up and let the google number keep catching those numbers. Eventually the ads will self expire and the calls will slow. UNTIL YOUR NEXT DEAL ! Wash Repeat If Necessary, however you have a buyers list now. You may not need CL much after this.

Thanks

Sabrina

GOOD LUCK

Sabrina Kane · Answer

@Desmond CollinsYes I know about that tool however he is a newbie and need to build and experience ground zero. This route gives him INBOUND marketing approach with buyers calling him, rather than him calling the buyers. (if he goes with the Real Estate Property Pro) Likely the conversation will be odd since this is his first deal.

HOWEVER, I know a more advance way that's FREE and does exactly what Real Estate Property Pro does :) HACK - if you want to know @Desmond Collins let me know ill show you inbox me.

Anyone else welcome to inbox me as wel if you have at least one deal under your belt for this Buyer List Hack.

Thanks

Justin Fussell · Answer

Building your buyers list will be a secondary priority. First off, your fist thoughts into real estate investing should be "where do I find these people". Of course, by "these people", I mean where are you getting these people that want to sell. What good is a great buyer if you have no product for them? That being said, NETWORK! Talk to everyone, anyone, local REIAs, anything... You will have a 100% better chance of finding a buyer if you have something to show a buyer. FACT. Ryan, you can do this and you will. Figure out who you are buying from and then figure who you might be selling to. Best of luck and BP is always here.

Austin Davis · Answer

right here on biggerpockets. Thats what ive done. set up a few keywords for your market. look for investors in your market send them a message explaining who you are and what you do and ask if they want to be added to your buyers list. I did that and i've found 170 potential biggerpockets members to add to my buyers list.

Santos Collantes · Answer

@Sabrina Taylor

Wow! That was some good stuff.

For a second there I thought I was on CL. Lol! Thanks for the tips.

Tim Shin · Answer

Sabrina took the words right out of my mouth. Now I know at least she knows for to market deals. And Ryan, I'm an interested buyer in Houston and want to be added to Sabrina's list now. Networking on BP helps. Sabrina, do you work in the NW Houston area/Spring Klein? I'd love to get on your buyer's list. I'm expanding to rentals now.

Sabrina Kane · Answer

ATTENTION READERS:

If you are interested in the HACKING Buyers List : I have created a VIDEO for my BP family.

FIND CASH BUYERS HACK VIDEO - I know you are going to love it

https://www.biggerpockets.com/forums/87/topics/282...

Sabrina Kane · Answer

@Santos Collanteswe'lll i had to show him exactly what do to! Hahha

@Tim ShinI come across all kinds of properties when i cast my net,but at the moment i am focusing just where my buyers want to buy.

I will tell yeah if i cast my net in that klein spring area, its going to likely be

Pre forclosure so ill get it subject to and assign it to you.

And P.S when i assign a deal im involved all the way to closing til the last stroke of ink on the closing docs. To ensure everyone happy and no hiccups. Im not a ball dropper :)

Inbox me

Paul Timmins · Answer

@Ryan Payne

Go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.

You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com

Go to auctions the people there are cash buyers.

Paul

Desmond Collins · Answer

Their is software you can purchase called  Real Estate Property Pro that pulls all the cash buyers in any state that have recently closed on a purchase. This is a good way to start building your list.

How do you build your buyers lister as a newbie?

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