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Updated almost 6 years ago,
Improving your buyers list
Hello BiggerPockets community,
Here’s my frustration I come across deals that I feel are gold but every time I send them out to my buyers list they’re either tire kickers or not interested for whatever other reasons.
Ex. I found a deal in Euclid Ohio one of the hottest areas to invest in for rentals in the Cuyahoga County. I have it 20k below market value, minimum to no repairs needed. Can rent for $900 easy and it’s a 3bed 2bath. Every buyer I presented this deal to either hasn’t responded or comes with a million things they want to see before even putting in a offer. Mind you I present this deal with a POS inspection and the lowest comp is 15k above what I’m asking for.
Ex 2. I found a deal where new development is happening, $250k homes are selling on a street where properties right next door are valued at $50k. I sent this deal out to my buyers list and they were just worried about what the property was bought for the year previously. In my eyes what does it matter what the seller makes if your profit is above $60k+ how could you complain.
I’ve seen wholesalers selling deals like the ones I mentioned above within a day or two. What steps can be taken to improve my buyers list?