Wholesaling Real Estate : Form To Build Buyers List

April 6, 2009 | By | 8 Replies More

Wholesaling real estate is one of the hottest topics in real estate investing. We’ve been running a poll on the blog now for a little while, and it has consistently been the number two topic of interest that investors want to learn about . . . behind only financing strategies.

6 Advantages to Wholesaling Real Estate

= > Fastest way to create quick cash

= > Don’t have to deal with tenants or contractors (if you’ve never had to deal with this dynamic duo . . . let me tell you, you can drive yourself crazy dealing with these knuckle heads)

= > Allows you to make big money without cash or credit

= > There’s little to no risk . . . since you don’t even have to close (you can just assign contracts)

= > Don’t have to know very much about real estate investing as a whole to be successful at it

= >  And the list goes on!

2 Vital Components to Wholesaling Real Estate Success

1) Solid Marketing Plan

You must get leads pouring in from motivated sellers! . . . PERIOD! To be a successful wholesaler, you have to find good enough deals so that the investor who is buying the deal can make a big profit.

In order to do that, you need sellers calling you directly. That’s where you’ll be able to negotiate the best prices and terms. You don’t want to rely on agents and listed properties. That’s going about it the hard way.

2) Build Your Wholesale Real Estate Buyers List

Once you get a great deal under contract, you want to be able to unload it quickly. And you can do that by having a qualified list of investors . . . where you know exactly what each investor is looking for  . . . price range, area, type of property, profit/LTV needed to be a deal, how they finance their properties, and much more.

To help you build your wholesale buyers list, I’ve got a free form for you. Use this with every investor that you speak to so that you know exactly what they’re looking for. Then, when you get a great deal under contract, send the deal info to every investor on your list whose criteria matches up with your deal.

Click Here For Your Wholesale Real Estate Buyer Questionnaire

If you have any questions, toss ’em in the comment area.

Happy Investing!

– Patrick

P.S. – If you want to take your wholesaling education to the next level, check out this FREE 7 day wholesaling mini-course. It’s a great resource and doesn’t cost you a dime!

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Category: Business Management Systems and Tools, Real Estate Investment Buying Strategies, Real Estate Investment Selling Strategies

Need funding for your deals? Download your free copy of my customizable private lender presentation and speaking script.
10 Hour Wholesaler

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Comments (8)

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  1. Yet another crucial piece of the “Inspiring Investors” puzzle, solved by Patrick Riddle the rest of the extremely dedicated team at MustKnowInvesting.com

  2. Patrick Riddle says:

    Hey, thanks Justin! Let me know how the form works out for ya and what other resources I can provide to help you out . . .

  3. Marc says:

    GREAT Information! I would like to see a copy of the contracts you use and I think your students would also.

  4. Leesa Cramer says:

    Thanks a heap Patrick! I had been looking for a script or something to say to buyers to get the ball rolling and wouldn’t you know, this came to my email today. Perfect timing!
    Sincerely in Christ,
    Leesa C.
    L.J. Cramer Properties

    Leesa Cramer’s last blog post..Procrastination Blues/Organization Rules

  5. curtis carter says:

    Thanks Patrick, this is a good idea

  6. Todd Burns says:

    Thank You Patrick. Plain and simple. Must have!

  7. jp moses says:

    Great idea, bro. Kudos to you for passing out freebies from your own goody bag of REI forms. You know how I roll! :-)

    Keep being awesome.

    .-= jp moses´s last blog ..The Art of Dispossessing Deadbeats: “Cash for Keys” Unraveled =-.

  8. Patrick Riddle says:

    Hey guys … Curtis, Todd, jp … you’re welcome.

    Let me know how else I can help y’all out.

    ~ P-Rid