All Forum Posts by: Account Closed

Does your marketing right now consist solely of Craigslist and REI meetings? You want to have as much market penetration as possible and that means you need to be putting time and money into many different marketing outlets.

@Gary Mariencheck mentioned Postlets which is a free product I've used before with some success. It definitely helps more your Craigslist ads more appealing.

Posting on the MLS is hugely important as well. Do you have a website that you drive traffic to in the hopes of promoting your services and ultimately moving property? What about social media? Do you have a presence? What content are you putting out that would be useful to investors and potential clients? Most importantly, try not to be short-sighted with your marketing efforts. Many companies take months or years to build a following and develop a buyer pipeline.

Lots of great advice. I really appreciate you!

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Originally posted by @Account Closed:

Originally posted by @Mike S.:

@Account Closed
Most successful wholesalers I have met typically have no more than a few buyers that buy everything from them. Figure out the big buyers at the foreclosure auctions and the high volume flippers in your area. These people are probably not the ones responding to your craigslist ads. You need to sell your deal to the people working on the thinnest margins. Listen to @Tim G. podcast it is full of great info on wholesaling.

I had two main buyers for several years who bought pretty much everything from me until I figured out I was underselling. The ability and capital to close on properties changed everything.

Wow! Maybe I'll be blessed with that kind of buyer.

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Originally posted by @Gary Mariencheck:

I also am fairly new to the wholesaling life. Postlets seems to be recommended by other wholesalers. I have yet to get a contract and help my first seller find a buyer. Good luck in your future deals!

Gary, there are deals waiting on you!!! Get busy! I wish you much success in the future and pay attention to everyone's newbie mistakes so you don't repeat them!!! :-)

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Thanks everyone for the insight. I will take the blame for lack of marketing and adjust so my deals aren't taking forever to sell.

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Good Morning -

I am ranting this morning about my so-called cash buyers list. I meet these wonderful people at investor meetings, or they call me from my Craigslist ads. I find properties they want and negotiate the price just right, then they disappear!!!!

I used to think I didn't price my deals right but my mentor says my deals are priced just right so what exactly am I doing wrong?

I remember my FIRST deal. I got a house worth 90k for 25k, needing no repairs. It took nearly a month to find a buyer, and at the time, I advertised the home at a mere 36k!!! The home was in a desirable neighborhood (one where most investors can't find property unless they are referred), brick, and very well kept.

It's either my market or my marketing...I am guessing. Or maybe this is how a new investor is hazed into the business. Insight?

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Originally posted by @Courtney Taylor:

I'm going to have to agree with

@Account Closed . 38127 is tricky, but if you stick to the best areas you will find some good renters!! I have one right now that is listed with me. Its near Delano and right off I-40. Contact me for more information if you're interested.

Mr. Taylor I believe we are saying basically the same thing. Thanks for your offer, I will keep you in mind.

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For 38127, if the house is not in SkyLake, or near Delano, steer clear. Google earth addresses in 38127 and look at the streets. Trust me, the pics don't lie.

I own 3 rentals in 38127 and they are in the BEST parts of 38127 and I collect my $700 on time every month.

Cheap doesn't always mean good, so work with a native that you TRUST that knows Memphis and won't have you looking foolish.

There are many other zip codes with quality, and deep discounts!!!

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I will help anyone with Memphis. I am a native and an investor. Consider me your partner. Contact me!

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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 8 times.

Post: I have deals, no buyers, just tire kickers! Am I alone?

Post: I have deals, no buyers, just tire kickers! Am I alone?

Post: I have deals, no buyers, just tire kickers! Am I alone?

Post: I have deals, no buyers, just tire kickers! Am I alone?

Post: I have deals, no buyers, just tire kickers! Am I alone?

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