How to Attract Investors to Assign to Your Deals

If you know investors in the midwest especially Missouri and Illinois looking for deals. I am looking for opprtunities to wholesale or birddog. PM me if interested.

Been on here a few months and working at taking in all the info and taking action. This thread is just what I needed. I would have liked to buy the latest rock bottom blueprint program but my current financial situation doesn't allow so I am scouring the site for great ... jump in! info specifically addressing my stuck point, which was answered in this thread.. what to say to buyers when you get them on the phone. Not like I couldn't figure it out but needed to hear that from Carol Stinson... she answered several questions AS DID so many others.
Thanks for having this thread revisited!

Thanks for all the tips, advice and JUST DO!! Thanks again DGers

I am new to all of this. Purchased Rock Bottom Blueprint yesterday and doing the 30 Days to Quick Cash, while waiting for everything to arrive.

I am scared to death, but am counting on this community to help alleviate those fears and help me.

You guys are awesome, I love it, keep going

Hello Carol, 08/08/2011

My name is Robin I just purchased the program late last night, i am working on home work right now, my 1St question for you is do you do most of your deals on Craigslist, or a combination of newspaper and craigslist, ect.?

Carol,
I'm a newbie....scared...want to do what you've mastered. I live not too far from you, so maybe i was thinking you would be willing to assist...is that asking too much? i'm sure you've been asked thousands of times. i apologize if i'm being forward, but i want to do what you do real bad. ok, i'm begging, graveling even.

I contacted a buyer on Craigslist looking for a lease option....now what do i do??? not sure how to find the seller/owner of an appropriate property. Should i call a realtor? i'm gonna place an ad like you did and see what happens.

thanks in advance for any assistance.

most sincerely,

linda

what questions do you ask
the cash buyers and how can you be sure that they have the cash?

I am currently trying to get a realestate agent on my team. I would like to know where the hot spots are that are selling fast and the price of the houses that are selling fast?

I am currently trying to get a realestate agent on my team. I would like to know where the hot spots are that are selling fast and the price of the houses that are selling fast?

Carol, some really good info for a newbie.
question....how were you able to get the properties under contract with having personal funds available? were the FSBO properties? I have a killer property in my own backyard.....i want so desperately to grab it (foreclosure) but can't figure out how to do it!! without messing it up and loosing it.

suggestions??

signed,

desperate to start

Hi Madison, I read your posting dated back in 2008 and was impressed with your confidence and the advise you gave, but I was just wondering now that so much time has elapsed, how did those deals work out for you?

Carlos

Freeindeed;

You are an inspiration to me. I am disabled and a stay at home person who needs to work from my computer. I am new at this endevor as well. I am not sure how to go about researching properties. I have very little knowledge of Real Estate. Can you offer any help with this issue.

Unlike yourself, Reno NV is the largest town to the west (170 miles) and Elko NV is the largest to the east (161 miles). I am located almost in the center between them both on I80 and Las Vegas is 540 miles to the south of me.

Nothing is located close. I need to be able to access all I can with my computer.
Computers are still a mystery to me to some point. I am a novis at both research and computer research. Computer research is something I have never done, don't know where or how to look for what is needed.

Anything to get me started would be appreciated.

Thank you, Derita

"He will help and guide if you let him into your heart."

I am a Newbie also but don't know what to start first.Reading these posts will help me where to start first and will ask question next time.thanks again.

I have been reading the oldest posts from Carol Stinson and Matt Larsen in this post, and can just FEEL their enthusiasm as they lay the foundation to their exciting new careers! It is a joy to read these words of wisdom, and to feel their excitement, and know that we too, can succees as they have, if we work as hard as they have, and stay as focused and positive as they have! Carol and Matt, if you read this, thank you BOTH so much for all of the information you've given us. The two of you and Dean are like beacons of light, guiding the rest of us!!

like they say you will learn that alot of the deals you can do word of mouth,let everybody know you're an investor,like DEAN SAID and see the results. thx for your help DG family.cbrpower is telling u the truth its not that hard.i got a buyer coming in and he is lookin to get 3 properties,hope he like what he see and want to get more,SEE YALL AT THE TOP!!!

I took the advice on just the first page, made my ad looking for investors and already have one to add to my list!!! so that makes 2 investors for me... i know it is starting slow, but it will pick up... persistence is the key!!!

Any "thing" can be wholesaled! Wholesaling is selling something for a substantial discount; Wholesaling properties is basically "SELLING" the first-dibs Contract for a fee, the Buyer of that Contract must fulfill the terms of the Contract... or arrange to re-write/re-negotiate the Contract with the property Seller(s).

"what questions do you ask
the cash buyers and how can you be sure that they have the cash?"

Here is a copy of my investor's profile. Some questions I ask directly, some in a conversational manner. Hope this helps

Name: ___________________________________________
Address: ________________________________________
Phone: ____________________ Email: _____________________

Level (Deals completed) Beginner (3) Intermediate (10) Advanced (10+)

What area interests you most:
Wholesale buying and selling __ Assignments __
Wholesale buying/ retail selling __ Buy/rent/hold __
Buy and sell/owner finance __ Other___________________________

What areas (locations) interest you most:
Low income Less than $________ FMV
Working class areas $________ to $________ FMV
Middle class areas $________ to $________ FMV
Upper class areas $________ to $________ FMV
Maximum price ____________ ARV maximum pct_________

Rehab level:
Turn key - Bath/Kitchen - Roof/walls/mechanical - Structural defects
Fire - Foundation - Demo

Zip codes ___________________________________

What type of properties are you interested in:
SFR____ 2-4 Family____ Apartments____ Other___________________

Financing preferred:
Cash ___ Terms ____ Hard money __________
Do you have access to cash? _____________ Proof of funds ____________
How fast can you close _________________
Do you have an IRA? ____________________
Are you open to partnerships? __________
What will you not buy? __________________________________________
Source of deals: ________________________________________________

Cash on cash return desired: _______
Do you currently own property? _______
How many purchased in last 2 years? _______
Do you plan to invest this year? _______

Hello Carol,

Please tell us how you successfully achieved Real Estate Cash In 30 Days. Needing, Wishing To Be There. Thanks for your time.

I just received my copy of "30 DaysTo Real Estatre Cash". I live in London, Ont Canada. I am looking forward to the changes. Thank you for the advice.

JamJan

I just received my copy of "30 DaysTo Real Estatre Cash". I live in London, Ont Canada. I am looking forward to the changes. Thank you for the advice.

JamJan

Well this was very nice of you, and very much so appreciated. I do need some guidance as to what to say and how to handle the converstion. It's post like this that actually help eliminate the fear of jumping in.

Thank you,
Arlene

great idea on craigslist posting

all of that traffic is from craigslist???

I have to say the seed of this idea came from some suggestions on other Forums, but I have come up with quite an extensive list of cash buyers through some research on my agents part and my own. I had my agent pull a list of recent cash sales (say the last 6 months) in the area I am interested in working. I then spent an evening looking these properties up on the public records, finding the name and address of the new owners through tax records. I came up with over 50 cash buyers (it's a good bet they are an investor when it is in the name of a trust or Llc).
I am new to this, and have just mailed off my letters to them but I am confident that there will be at least 1 or 2 that I will be able to work with.

Very informative

We have pre-foreclosures for sale in Atlanta Georgia at 53 cents on the dollar. Only looking for serious buyers.

Thanks Carol,

There is a fear in me that has been hard to shake. However, I will meditate on the Scripture and know that God is with me.

I'll use your suggestion.

Good advice.

Michelle W

i saw your post...where did you find re investor 2.0?????? thanks Carol

Wow! the more time I spend here the more help I find. Is time to head out to work so I bookmarked this so that I can read through it later.

Steve Hunter