Re: Looking for fast ways to find investors to do flips? - Posted by Brad
Posted by Brad on June 20, 1999 at 22:00:34:
The way I built a buyers list is like this. I ran an ad that said this…
Fixer Upper Special (BOLD PRINT)
Cheap, cash, xxx-xxxx
Next, I waited. I ran the ad for 8 days. I got at least 15 calls a day. I live in Virginia Beach. (about 600,000 people here in Tidewater area) I now have alist of a LOT of people that want to buy junkers. Some are SERIOUS, most are not. You will weed them quickly. Here are the questions I always ask…
I run across these deals from time to time, and I simply cannot handle them all. Would you like for me to call you if I should come up with any more?
Is there any area that you are confined to, or will you go anywhere in town if there is a good deal?
When I call you with a deal you like, can you come up with the money and close quickly?
How big of a deal do you want me to call you with?
Write all of these down, and you will never have to run another ad again. You will also find some owner occupants looking for these types of deals. Owner financing a house after you get some capitol can be very profitable. Or you can create a note and sell it to a note buyer if they give you a decent down payment. Hope this helps.