All Forum Posts by: Namon Kent

As Lee Iacocca once said, “In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive.†In many real estate investors’ lives, stress stems from finding buyers, and from building a strong buyers list.

Finding buyers stand as a major cause of stress for real estate investors. Once the closing clock starts ticking, real estate investors work hard to find the often elusive buyer. Real estate investors certainly do experience stress caused by finding buyers.

In addition to the stress real estate investors endure from finding buyers, they, also, suffer stress from trying to build a strong buyers list. Not having a buyers list in hand causes many real estate investors added stress.

Finding buyers and building a buyers list can cause stress on real estate investors. By providing a top ten list on creating a buyers list might help in relieving some of the stress. Lee Iacocca could have been talking to real estate investors when he stated to plow your anger and your energy into something positive.

Top Ten of Building a Strong Buyers List: (from suggestions on Bigger Pockets)

1. Next time you are in an area to look at a house, look for "For Rent" signs. Write down the address or number, look up the owner and send them a letter or give them a phone call. Usually they have more than one rental and might be looking for more.

2. Go to real estate investor clubs and pass out property request sheets

3. Place a number of " Bandit" signs in several areas that say something like " Investor Special 3/2" , or Rent house for sale" . When they call you, get their parameters and then start looking for houses that fit their criteria.

4. Run Craigslist ads similar to the above. When you get replies always try to get their email address, so you can build a list to do email blasts.

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Please help me fill out the top ten. I only found four unique suggestions.

Thank you, I will keep those in mind and add them to the list.

I see this as a good way to get to know investors in your area and build strong relationships with people who are buying real estate for investment.

Locate real estate investment clubs in your area.

Identified a group of investors at the clubs looking for birddogs.

Find out as much as you can about them.

Like:

How long have these investors been investing in your area of interest (wholesale, fix&flip, buy&hold ... etc...)?

What location do these investors buy property?

How active are they in buying investment property in this location?

This is a great site. I look forward to all your insight on this topic.

I have been reviewing the suggestion for creating a buyers list. I have seen some very good ideas.

I am thinking about gathering all the suggestions and making a list of the top ten (maybe more) and posting back to the forum.

Would anybody have a problem with me doing this?

I'm interested to see what the community thinks are the five best wholesale books ever written and why?

Are blogs setup according to topic? If so, can I have more than one blog?