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Updated over 8 years ago on . Most recent reply
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How can i start creating a buyers list?
Hello everyone! I'm Ryan and I am looking to start wholesaling houses in New Hampshire, but a few roadblocks are stopping me from making my first deal. First, the contracts. I have no idea how these contracts work and what to write in them. Second, I am nervous to buy since I have no buyers list. How can advertise well to grab the attention of rehabbers or investors? How can I create a comfortable size buyers list. Finally, how was everyone's first wholesaling deal? Good? Bad? Any response would be great! Thank you BP community!
Most Popular Reply
The easiest and most proactive way to build a true buyers list, (Not a tire kicker list) is to go into your county's register of deeds/clerk of courts and do a document search.
You will look up deeds for the last 30 days. Now of course we realize that 80-90 percent of those deeds will be people who bought a homestead.
However, you will strictly look for deeds where the grantee (buyer) is either a corporation, (not a financial corporation) a trust, an IRA, or an obvious investor. (An obvious investor is someone whom you see more than once in the 30 day period with different legal descriptions)
The cool thing about these buyers are, they pull the trigger!!
The only reason you will see their names in public records are if they actually bought a property. Public records don't lie!!
Once you have their company name, look them up in your local Secretary of State. (The part of the government where YOU file to get incorporated)
The info on the SOS will usually include names of the officers and addresses.
(If your state doesn't show this info, look up the address of the buyer listed on the deed on Google. You will find their company info and phone numbers more often then not)
Now simply call them and ask the what they are looking for. 99% of them will be very happy to hear from you.
Also, the fact that you used this inovative way to find them should impress them enough to give you the time of day.
Hope this helps