The 24-Week Challenge Week 13 – Finding Buyers
Here’s the question we’re working toward answering during the 24-week challenge: how do real estate investors build real wealth and freedom without access to millions of dollars in capital?
We’re on week 13 of the challenge and Zack Childress is guiding us through the steps to get to the answer.
This week’s topic is Finding Buyers—which is easier than you think.
What kind of buyers are there for wholesale contracts? There are retail buyers, fix and flip buyers or landlord buyers… you just have to figure out how to meet them.
Think auctions. If you go to a public auction, you can assume everyone there is buying with cash. Plus, auctions are good learning experiences.
Go to your local REIA to find buyers. It’s an excellent networking opportunity… you need to be there.
Technology can also help you find buyers. It’s faster, but it costs money.
Landlord buyers and tenant buyers are not hard to find—advertise on Craigslist, or just read the ads on Craigslist. Call people who are advertising rentals… they’re either landlords themselves or property managers. Voila!
Yes, every deal is a little different based on each situation, but the steps are the same. Put systems and procedures in place that can be replicated. “You have to work. Work hard and do what others won’t so you can live like others can’t.”
Watch and learn:
Listen and enjoy:
- Why we need deep lists of buyers
- What kind of buyers are there
- How to meet buyers
Mentioned in this episode:
- Reach Zack by phone: 707.247.4248
- Follow Zack on Facebook: REI Success Academy Facebook
- Zack’s Book: My First Deal Playbook
- Instruction on REI Success Academy Website: Web Class