Brilliant at the Basics Part 13 (Video): My Favorite Way to Find Cash Buyers




Real Estate Investing Mastery Podcast show

Summary: In this episode, we’re on part 13 of our awesome back to basics series where we’re talking about the fundamentals of investing. By keeping this business simple, success can be reached. In today’s episode, I’m explaining why it’s critically important to build your buyer’s list and always remember that the buyers are your customers NOT the sellers. Why? Because you need to be giving your attention to whoever has the most money. Makes sense now, huh? So, I’ll tell you exactly how to do just that through advertising using certain websites, bandit signs and sending letters. And, I’ll walk you through how to find buyers and I’ll tell you the first thing I suggest you should do when you get a property under contract. I’ve got tons of good stuff in this jam-packed episode! Dive in… Watch and Enjoy: https://www.youtube.com/watch?v=5_kvV9BtzJQ&amp;feature=youtu.be What’s inside 2:44 – Why buyers need to be your best friends 4:37 – How to find buyers 8:10 – How to use Craigslist to your advantage Mentioned in this episode <a href="http://www.craigslist.org" target="_blank">Craigslist</a> <a href="http://www.backpage.com" target="_blank">Backpage</a> <a href="https://postlets.com" target="_blank">Postlets</a> <a href="http://www.listsource.com" target="_blank">List Source</a> <a href="http://www.zillow.com" target="_blank">Zillow</a> <a href="http://www.easyownhomes.com" target="_blank">Easy Own Homes</a> Tweetables [Tweet "The seller is not your customer. The buyers are your customer. And he who has the most buyers wins"] [Tweet "Whoever has the most money is who you want to give most of your attention to: Buyers"] [Tweet "If you have good, solid buyers &amp; good relationships with them, you're going to do really well in REI"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/03/REIM-BATB-13-Brilliant-at-the-Basics-Part-13-My-Favorite-Way-to-Find-Cash-Buyers.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe:      Hey guys? Joe McCall. How are you doing? Real Estate Investing Mastery Podcast, I have just a quick video for you. I’m going to jump into it right quick about how to find cash buyers. My favorite ways to find cash buyers. Bottom line the seller is not your customer. The buyers are your customer. Whoever has the most money is who you want to give most of your attention to. It’s always really-really critically important to build your buyers list, okay? If you have a lot of buyers, if you have good solid buyers, if you have a good relationship with your buyers, you're going to do really-really well in this business. Now, marketing for sellers is important, but I’m just going to tell you right now that marketing for buyers is more important. You always need to be marketing for buyers; you always need to be building the relationship with buyers, and whoever has the best buyers wins. That’s just the way this beast goes. It’s important to have good solid buyers. And I’m just going to walk through with you real briefly here in this video. My favorite ways to find cash buyers, all right? It’s really simple, and I think this is going to help you a lot. Let’s jump right in here. First thing I’d like to do is advertise the property online. I mean, duh. You should always be doing this with all your properties, right? Put the property on Craigslist, put it on Backpage, put it on Postlets. Postlets distributes it out to Zillow and all the other sites. Newspaper classifieds; guys people you still read-- let me zoom in a little bit more here. People still read the newspaper. They still go to your classifieds websites to find stuff. EBay classifieds; are they even still around? I don’t know. I don’t go there anymore. But get it on as many different websites as you can. Simple, right? Number two; signs. Stick a sign in the yard. In fact put as many signs as you can in the yard.