Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Scott T.

Scott T. has started 4 posts and replied 121 times.

Post: Would it make sense to call a bandit sign for leads?

Scott T.Posted
  • Specialist
  • Northern, CA
  • Posts 182
  • Votes 34

Hi Alex,

I've heard this is used as a (contact - networking) strategy for lease option, etc. leads... because most wholesalers either quickly flip, or fix- n- flip properties they don't hold themselves... and are thereby are always looking to ADD new emails, etc. to their (potential) 'buyer' contact lists. 

It seems that many of these guys are focused on doing one or two types of deals ... so depending upon your angle, perhaps they might resell to you for quick cash, or work with you on a resale split (?) etc. Can you perhaps elaborate on your own area(s) of focus, what their bandit sign says and/ or what they said after you initially contacted them??? I have read that some wholesalers have 'leads' they can't (i.e. won't) be doing anything with, because it's NOT there area of expertise, or focus. 

If you have another (complimentary) avenue to make 'deals,' then it would make sense (like potentially networking with: RE agents, mortgage lenders, title cos, etc.) that they might well be receptive to either reselling 'flips' to you (?) and/ or perhaps even working a percentage split?? I would link relevant videos I viewed on YT, but no live links are allowed, and I to am new here, so just search relevant key work phrases, online.   

ATB, Scott ;-)