1. Have the money behind you, even if your wholesaling
2. Have a buyers list behind you, even if your NOT wholesaling for when you flip it (a good resource is www.**** its free)
3. Join many networking sites
4. SPEND THE MONEY! - on marketing, rehabing etc. dont be cheap
5.Be a hands on manager! If your not focussed, your makin a mistake
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Instead of advertising in newspapers and mags,buy them and add the names you
find to your lists,there is a pub for every subject under the sun. Some of these pubs are free hand outs ,ie pennysaver,weekly newspapers,it is a very
cost effective way to start.I find lots of buyers this way,then theres the
DG website with buyers on every page.
MEL
Foreclosure auctions are excellent places to meet cash buyers. I just got back from one with five SERIOUS real estate investors that can close on properties within hours on my buyers list! I am a new student of Dean's Real Estate Success Academy and am very excited about all the great things I am learning and applying to my up-and-coming real estate investment business. When preparing to travel to the auction (that occurs daily; most counties I researched in my surrounding area have DAILY foreclosure auctions!), I called the coaching hotline and received even more ideas of how to talk to these investors than I've already learned in Dean's books. I then memorized a rough conversation in order to get people interested in buying the properties that I can find. Sure enough, it worked miraculously! I showed up dressed as a business professional and there was already a group around the auctioneer. I stayed back, however I placed myself in a position where my presence was known. Immediately, when I saw the right opportunity during breaks of the auction, I went over to these people I noticed bidding on properties with a smile and a whole lot of confidence and asked them if they had a minute to speak with me. Everyone said yes! Everyone was ecstatic with the possibilities working with me! Thank you Dean for giving me the knowledge and the confidence to start building a solid buyers list! I look forward to great things.-Julian Vandiver
good stuff guys, i agree with both of you- people just throw away money on poor quality ads these days