Build Your Buyer's List Before You Invest In Real Estate

You've probably heard the say, "Dig Your Welltenant-buyers, tenants, direct home buyers.
Before Your Thirsty." Well, I am here to tell you that,So, when should you start building that buyers list?
as a real estate investor, you should build yourYesterday would have been good, but definitely
buyers list before you start looking at doing any typeimmediately.
of quick turning, wholesaling, fix and flip and otherHow do you build a buyers list, especially when you
investing.don't have a property to sell? Well, I can recommend
I've been teaching this forever at our local reala few ways and it will vary a little depending on the
estate investor group meetings and I was just talkingtype of list you are trying to build:
to a mentoring client and I guess I have not been1. To find investors, contact all the people that have
pushing the concept hard enough. He is nowproperty for rent in the local newspaper and local
considering buying a house and does not have aclassified ad websites.
buyers list in place to be able to quickly turn the deal,2. To find investors, network at your local investors
so there is some hesitation... and for good reason.group meetings.
A large, strong buyers list gives you the confidence3. To find investors, send direct mail to absentee
to buy.owners in your market.
In a sellers market, the sellers have the advantage4. To find tenants and tenant-buyers run ads for
and finding buyers for your properties was muchproperties you are considering buying. Or, get
easier, but having a list of ready and willing buyers,permission from other landlords to help find them a
investors, tenant-buyers and tenants waiting for yourtenant for free.
next deal is critical when the market changes and itSo, there are 4 quick ways to find some investors
becomes a buyers market. So, when I say buyersand start building your own list of buyers to help you
list, I mean your end user whether it be investors,become a more successful real estate investor.