Real Buyers Lists

Real Buyers Lists

I think one of the main points that Dean teaches is to establish a list of buyers that one can easily assign deals to. Different things are discussed here as to how to establish and maintain a buyers list, but I'm wondering how many people here have actually found cash investors through this website. It seems to me as many users as this site everyone cannot be whannabes. There must be some real, cash buyers here...thus making this site a buyers list itself.

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Rick Allison, Realtor
Amarillo, Texas USA

Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO

Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o

The People Helping People Movement: www.greatEPXsite.NET


Rick

I will or one of my buyers will buy all the wholesale properties you can provide here in the Denver, Co. area. I have the resources and I know how to add and keep active, real cash buyers.

You are correct about this site in most cases. There are a few real buyers but they don't look for deals here. If they did they would go broke!! This site is mostly people just learning, with no money at all nor do they have real buyers. I know this from experience. By either posting real deals and looking for real buyers on a couple of my deals. All anyone produced were buyers with no money looking for owner carry or to assign my deal to a non existing buyer.

Michael Mangham
Mentoring/Team Building Nationwide
MD Home Acquisitions LLC

__________________

Knowledge is power, but execution trumps knowledge. Tony Robbins

http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site


Re: Mike

Mike:

Do you want properties just in the Denver metro area or would other places in CO and down here in the Texas Panhandle be OK?

How do you define wholesale? People have different definitions.

Thanks,

__________________

Rick Allison, Realtor
Amarillo, Texas USA

Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO

Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o

The People Helping People Movement: www.greatEPXsite.NET


Rick

I don't have any established cash buyers in Texas. If you can produce some good deals I can find them I am sure.

A wholesale deal depends on your market place. For example: 75% of ARV minus repairs would be a great wholesale deal in San Diego, Ca. and a 60% of ARV minus repairs in Detroit would be an OK deal.

Here in Denver, 70% of ARV minus repairs is a pretty good deal that my buyers will take all day. Wholesale prices are going up here because inventory is low and demand is high. Retail prices have only appreciated about 2% So our margins (or spread) are getting tight.

Michael Mangham
Mentoring/Team Building Nationwide
MD Home Acquisitions LLC

__________________

Knowledge is power, but execution trumps knowledge. Tony Robbins

http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site


Re: ARV?

I'm not familiar with the acronym.

__________________

Rick Allison, Realtor
Amarillo, Texas USA

Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO

Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o

The People Helping People Movement: www.greatEPXsite.NET


Re: Mike

I'll put that in my thinking cap about what you said about Denver. I talk to dozens of people there on my part time job - all over CO, really, but I can't mix the functions of the two jobs.

I've always loved CO, especially the Colorado Springs area. I used to work in Manitou Springs during the summers as teen...kinda as a youth missionary. I almost became a police officer in Denver, in a former life, but I wound up at Lowry AFB as an airman, instead. It's funny how life works out. If I had stayed in Denver as a young man, I would have never met my wife, and we just had our 22nd wedding anniversary (waxing romantic on Valentines Day).

__________________

Rick Allison, Realtor
Amarillo, Texas USA

Find comps, private lenders and cash buyers nationwide: www.TheRealEstate.PRO

Foreclosure and pre-foreclosure search engine: http://tinyurl.com/b6w7h6o

The People Helping People Movement: www.greatEPXsite.NET