these sources to grow your list with quality cash buyers. You'll reduce
holding costs, increase sales, get deals done faster and be on your way to building a
stable investment business.
All individuals, investors, trusts, and corporations that have bought real estate with cash in the last 6 months. The 6 month time frame can be adjusted based on your area, but you want active cash buyers.
Most of these cash buyers are wholesalers, house flippers, and buy and hold landlords. You'll also find foreign cash buyers.
Cash investors eliminate your headaches.
You don't need to worry about seasoning issues or bank approval. Cash buyers will take on problems like a rough location, structural repairs, titles with issues, liens, code violations, or unfinished rehabs. They buy low-end properties, mobile homes, and properties damaged from fire, flood, or mold.
And they're always ready for a quick close, which can be vital if you are working on a tight timeline.
Pro Tip: Your list should contain various cash buyers who use different strategies to build their investment portfolios.
Automatically and organically grow your list. Have real estate cash buyer leads delivered to your inbox and match them with their perfect investment property.
Get a website to
presell your deals; it'll save you time, money, and energy. Cash buyers opt-in, enter their investment preferences and get placed on a list. They will be notified by email, direct mail, text messaging, or a phone call, every time you have a property that fits their criteria.
Get social media-friendly. Use Facebook, Linkedin, Youtube, & Pinterest to connect with and send cash buyers to your website and advertise your properties.
We like to use real estate investment software. Just enter the property's address and get the names and contact information of all the cash investors in the surrounding area. Instantly, see which areas are hot and which investors buy what types of properties.
Then contact them and see if they want another property in the neighborhood of their other investments. Many times they say yes.
Use software to send out prewritten emails and direct mail campaigns. Send Direct mail to everyone who purchased a property using cash in the last 6 months.
Get a list from your county's property appraiser records, a virtual assistant (VA) can do this for you. Research all LLCs or real estate companies in the area of your investment property.
Or your favorite Realtor can supply a cash buyer's list of recently sold properties from the MLS.
Search Google, Bing, and Yahoo, enter real estate investors or buy houses + your city. Yes, there will be results for big national companies, but keep scrolling, and you'll find local buyers too.
Join online real estate investing groups and not be afraid to make friends, post your properties, and wants. It's as simple as Investor Special 3/2/2 $ 155,000 cash Only. And post a photo with it.
Post a FSBO sign on the property with contact information. We also like to add a bright-colored sticker that says CASH ONLY. Especially; when the property is in a high traffic area.
Auctions. Most of the people in the crowd will be investors. Watch which properties they buy, make contact, and slip them your business card.
Vacant properties. Some investors take advantage of empty houses by placing their bandit signs in the yard. The sign stays in place until the bank forecloses and assigns the property to a Realtor. Recently, we have spotted several in our areas.
Section 8. Your local section 8 housing authority has a list of approved properties. Reverse engineer it - get the addresses and then check it out on the county property appraiser site. The Landlord's contact information will be listed.
Property Managers and Management Companies. Ask them if any of their Landlords are actively seeking to acquire more investment properties. If the property manager is a Realtor, they'll have extra incentive to help find a buyer because they'll most likely earn a commission.
a great source. And they're always looking for properties that cash
flow. Zillow is an easy place to find them and their contact info. Look
for active landlords with updated properties in the same area as your
Referrals from business associates. Title companies, rental property managers, insurance companies, maintenance, and repair people are all in contact with investors.