Real Estate Investing Mastery Podcast

873 » How to Do More Deals in the Economic Downturn: Finding the Active Buyers (Flip Mindmap Part 3)

05.15.2020 - By Joe McCallPlay

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Qualified, active buyers are going to become your new best friend, so I want to talk about strategies for finding your new BFFs. In-person networking, buyers’ lists, websites, and Realtors are all going to help you in this transition.

You need to dig your well before you’re thirsty. If you’re already thirsty and you need the cash, it’s a lot harder to make that fast money. Don’t wait too long to build your relationship with buyers. I share my current favorite way to find buyers right now, including the strategies I use to contact them in a kind, yet persistent, way.

As you’re building your buyers’ list, don’t be afraid to use your own cell phone. Don’t be that hard-to-get guy that never returns phone calls. I can’t tell you how many times we’ve had buyers tell us that we are the only people that answer our phones. Be a real person on the other line and edge out your competition.

I’m going to hold nothing back in here. I provide you with all of the websites I used to find buyers, all of the places you can go to buy bandit signs, all of the networking opportunities you shouldn’t miss, and so much more.

Your marketing strategies will change with the market shift, but that’s great news for you! Investors who aren’t ready to shift will lose out when they find that their same old tactics don’t work anymore.

I’m still actively looking for deals, but I only purchase with my students. If you’d love to work with me, contact me to see if we’d be a good fit. And don’t forget about my FREE mind map!

What’s Inside:

—It’s much easier to shop for what buyers want than to sell them what you have.

—If you need proof of funds, you can always use your buyer’s proof of funds.

—Why packaging deals for your buyers will help you attract buyers.

—My current favorite way to find buyers right now.

—The questions you need to ask buyers to find out their criteria.

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