Creating a buyer list

That is a great question. Below is a list of what I consider must haves to at least begin the process of matching a buyer to a property.
1- What area are they looking to invest?
2- What is their top investment amount?
3- How much are they willing to do in rehab?
4- What type of property?
5- How fast can they close?
6- How much are they looking to make on the deal?
This clearly isn’t all of the information you will need, but it’s a great beginning. As you get into the deal, you can always get the additional information you will need to finish it up.

Thank you so much.

Funny how Jerry 99 just joined this site today and has posted this message on numerous threads. Get a life...

Help, I am reading one of Deans books and have the idea of focusing primarily on wholesaling in the beginning to get my feet wet and to accumulate some capital to work with at a later date. I am concerned that finding buyers may be more difficult than it sounds, because wouldn't a seasoned buyer be a little reluctant to work with a non-licensed wholesaler rather than a licensed broker agent? And what would I tell them in order for them to consider working with me.Thanks Gerald Colbert

Hi Gerald,
Wholesaling is a simple yet not so easy part of real estate to crack, like anything in life you just gotta jump out there and get going. Once you do you will find that you'll get better with time. When you first learn of it, it seems impossible for someone to do but, from experience i can tell you investors are interested in a good deal that fits their particular criteria and for the people who have that they will buy whether you're licensed or not. Wholesaling has been done for centuries, if it didn't work no one would suggest it and all the top guru's suggest it. Jump in and try not to think to hard on one particular thing. Just follow the steps and expect results !
Wishing you lots of luck that you don't need because you've got talent!
PS- Search youtube for videos on wholesaling you will connect a LOT of dots, I found one of my mentors on there and without him I NEVER would have taken action.

Join your local REI clubs/organizations in your area.
There you will find a plethora of networking opps!
Investors, title people, vendors, contractors, agents, rehabbers, landlords, conventional/hard money lenders, etc.
Get with like-minded people. Mingle, attend the meetings.

Darnell, Thank you so much for your wisdom and encouragement. I have never been one to just jump into something, but you and cat have motivated me to a great degree. Oh this is me jumping. God Bless Gerald

Kat, thanks a million. I will take your advise and run with it. God Bless Gerald

Hi , Gerald I am just like you trying to get started. We just got some good encourgement. So lets do it . LETS make something happen in the next 30 days. Send me a response and tell me which book you are reading. And ladies if you are reading this post thanks and God bless.

Hey, Shelly: I am excited to hear that you looking forward to a great life in real-estate. But one thing (after reading all the positive words from Dean and others as yourself), you use the word TRYING. Hey lets consider that a nasty negative word and NEVER use it again. We are DOING , are we not. I would love to stay in contact with you and we could work at making sure one another stays motivated to keep going forward and make one another accountable. Let me know what you think. By the way, the book is: Profit from real-estate right now. God Bless and hope to chat later.

Hi Gerald , you are absolutely wright . We are doing . I am at chapter 7 now and I will set up the voicemail service next week. I want to develop my buyers list next. There is a lot of inventory here in CT. Thanks for the incouragement and we will stay i touch. I pray that we have much sucess. TILL THE NEXT TIME.

If this was answered, I don't see it.

Is there place in one of Dean's books or here at this site that that gives a sample letter that one can send out to prospective investors asking if I/we can add them to our buyer's list(s)?

I have composed this one:

Dear [First name]

I am Rick Allison, a REALTOR® with the Ken Thompson Real Estate Team in Amarillo, Texas.

I see where you recently purchased a property at _____________________________ and that you are a professional or business owner. It is a great time to invest in real estate, and I have access to foreclosures and distressed properties in the area.

Please let me know if I can add you to my buyers list, so that I can bring you some great deals. To be added to my buyers list, just call me or visit [my web address].

Thank you for your consideration.

Blessings,

Rick Allison, REALTOR®

============================================================
Of course, the first sentence/paragraph would have to be edited, if you are not a realtor, like I am.

I am mailing the letter to all of the business owners, doctors, lawyers and millionaires I know in my target market. This is not the most effecient way to obtain a buyers list, but it will have to do, for me, for now.

"Do or don't do...there is NO 'trying'." ~Yoda (Star Wars)

PLAN. DO. CHECK. ADJUST.

Hi Gerald and Shelly,

I'm just like you, I'm also starting and buidling my buyer's list from the people who are looking to rent from different ads (papers, online and word of mouth) because these people are thoe ones who think they can't buy yet, but if you present them with a way to get into a home, you know that they will choose to own rather than to rent. And that is one of the topics discussed in Dean's book, to work with a mortgage broker than can pre-approved these people who have a regular income but not a very good credit. I finished the 2 books. I also started looking of listing by owners, prioritizing the ones that are listed for a long time. Today, I called one of them as my start and found out that this person who owns the property tries to sell her triplex if she can get an excellent offer. I also found out that she is an investor who works with other investors and buy homes particularly. So, she's a very good candidate in my buyer's list when I do "assignment" Now that I know what city they are particularly looking at.

Best wishes to all of us. Determination and confidence are the keys!

Hi! Where's the triplex located? Do you have any more information on the property? Do tell. Thanx!

Welcome to the DG family, Shirley!
At first glance, I didn't realize you are a new member...I just saw "triplex." LOL It jumped out at me.
I usually read the feeds and then check who wrote them...
Anyway, I wish you well in your real estate endeavors!

OMGosh, Gerald!...didn't see that you are new to DG either.
Welcome! Welcome! Welcome!
I think I've been reading wa-a-ay too many blogs tonight...Apologies for my oversight.
Wishing you well in your real estate investing endeavors, as well.

PS. Gonna call it a night now. I'm bleary-eyed. LOL

investor/buyer form
http://www.deangraziosi.com/real-estate-forums/everything-else/96548/inv...

seller form
http://www.deangraziosi.com/leadsheet

Mike
see links below

I have 5 and possibly a sixth realtor on my team now. I went hard at adding one and I kept dialogue with all 5 that seemed investor friendly. Low and behold they have all complied and are sending me listings at different speeds, in different pockets, and at different efficiencies. I have submitted 15 offers already and my goal is 50 by Friday all according to the 25:1 strategy. I have a few buyer leads but after watching the Edge 2012 over the past few nights it has become clear that I need a LOT more qualified Cash Buyers/Landlords to be able to handle the volume of deals that will be coming down the pipeline starting next week. I have a few ideas of how I can get buyers over the next few weeks(clubs,auctions, cash sold directed mail, emails to professionals) but I am trying to get a few more solid buyers on my list by early this week in case one my offers is accepted on MONDAY. I am going to be calling atleast 50 landlords this weekend, but it seems that people other than owners are the ones marketing the properties on craigslist. I do not have access to a car now so it is not practical to drive around and call the for rent signs like I want to. Do you have any insight on a quick way to find local buyers and/or landlords in a pinch? When Dean described the reality show he said he had the father calling landlords, How and from where? I am trying to be busy while its slow and secure my exit strategy before putting in any more offers. Thanks

No problem Kat. Thanx for the welcome and I know what you mean on the bleary eyed comment. I have been reading for what seems like 3 days straight. LOL... Just trying to soak it all up and do what I am able. My finances are pitiful, but I am determined to (WITH GODS HELP) Make a this thing work. IT WILL HAPPEN !!!!!!!! God Bless,

Hi Coach thanks for all your sharing, this is the greatest Realstate training Ieve ever been part of and Ieve been around some of the best in there own way, many thanks, Jim

Hey Shelly, nice to hear from you again. I am praying that we are both slaining the villian with in us all, and putting aside those that (by ther comments)may be sabotaging our efforts to better ourselves. I am convinced that they mean no harm, but we still need to stay away from all the negativity that their comments produce in our lives. Anyway, I am looking for some instruction on building a website. I have no idea what I am doing and what content needs to be used. I can see where a website is very much needed so we have a place to send our buyers and sellers. Please help if you know how it is done. God Bless You,

GOOD FOR YOU THAT IS OUTSTANDING....
Hope once i send my letter out I would get that same response
right now I have 2 and a 3rd one that I am communicating with but really no great properties I can find the same once they are sending me. So subscribed to a preforeclosure system that gives me everything I now just have to ge the strategies down pat and I will fly

Thank you for the welcome Liberty Kat!

Oh, the triplex is right here in California. The investor seller can't decide to release it as all of the units are rented that bring good income. All of her tenants are also very good and professional. She had it listed for $160K and said that the amount is not updated. I think is is double minding whether to take it or not.

I'll get back to her to see what she thinks. I bet she is thinking that $160 is low but the property is not valued that much. Only because she has good tenants that adds value to the property (per her evaluation).

Best wishes to all!

Shirley