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Updated over 13 years ago on . Most recent reply

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13
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Dave Smih
  • Beverly Hills, CA
0
Votes |
13
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buyers list turned to crap

Dave Smih
  • Beverly Hills, CA
Posted

Ok so i'm out getting further and further into wholesaling I go out and build a buyers list they want properties in certain areas with certain schools and 40% under FMV. so I go out making offers based on their preferences and i get one locked up then ah yea I'll pass really. I only blame myself for not having a better buyers list but I thought i had a real cash buyer not a tire kicker
anyone have similar experiences or know of any great ways to find real cash buyers. Its hard to stay motivated to do this especially with medical bills through the roof. I refuse to blame anyone but myself but man these investors have you out looking and offering then you go as far as locking one up and poof nothing they just stick their nose up :oops:

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Dave, One thing to do moving forward, if you have clients who want specific properties get them to give you $1,000 - $2,0000 in earnest money and let them know that your time is very valuable and if your going to personally select property that meets their criteria then they need to be prepared to move forward once you find the property. You should also show them pics of the property and give them the financial details maybe without the address if your concerned about them going around you, do this before you lock up the property so you dont get stuck with it. Good luck.

  • Curt Davis

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