Tweet

Learn the Value of a Solid Cash Buyers List

Guest post by: C.J Lauria

Article Overview: As a real estate mentor I encourage my new students to start building their lists long before I send them out writing offers, or even prospecting sellers. It is a matter of not “putting the cart before the horse.” I continue to hear of would-be wholesalers prospecting deals without having an adequate list of qualified buyers in their arsenals. You know what happens to these people? They end up having to leave their deals behind because they have no one to buy their contracts!

Learn the Value of a Solid Cash Buyers List

In past articles I have hailed the advantages of wholesaling as a viable real estate investing strategy in today’s market climate. There are a variety of ways to make profits in real estate due to a thing called leverage. Leverage makes it possible to enter the world of a real estate investing business with little money….or even credit. This provides a number of unique exit strategies with tax benefits that are often unavailable with other investment vehicles. Now about real estate wholesaling: One necessary asset in the business of wholesaling real estate is an up-to-date cash buyers list. This list consists of buyers with ready cash or the ability to access quick cash for a purchase. Since the Wholesaler is assigning a contract, it is imperative that the buyer has the ability to close quickly. If you are a Wholesaler, you want only those buyers who can and will move quickly to close on your purchase contract so all your efforts are not lost.

Additionally, these individuals are likely serious professionals who can be allies when you are looking for partners, investors or even a favor like getting contact information on a local vendor or tradesperson. The important thing to remember is that without serious cash buyers at your disposal, you are out of the wholesale real estate business! Without an active list of cash buyers you could easily see your efforts to find and secure deals go to waste. Don’t let that happen to you.

As a real estate mentor I encourage my new students to start building their lists long before I send them out writing offers, or even prospecting sellers. It is a matter of not “putting the cart before the horse.” I continue to hear of would-be wholesalers prospecting deals without having an adequate list of qualified buyers in their arsenals. You know what happens to these people? They end up having to leave their deals behind because they have no one to buy their contracts!

In my mentorship program my students are my partners, so we allow access to our complete cash buyer list. This enables them to get their deals optimum exposure. It sure beats having to beat the bushes for a buyer at the last minute!

So, learn the value of a solid cash buyers list. Think of it as your business’ client list. Without clients, you’re out of business.

Related Articles
  Who’s Buying Up Our Houses?
  Increase Your Chances With A Network
  How the Right Information Can Mean Increased Profits
  Rule #2 - Making Money In Business
  0% Financing May Not Be The Best Deal
  Business Brokers - How to Deal With Them As a Buyer?
  This is a Sales Emergency & You Can Win
  Understanding Business Cash Flow
  Why A Business In Canada Is More Difficult To Buy
  Use Amazon.com to Get to Know Your Buyers Intimately
  How to Write an Effective Business for Sale Advertisement
  Business Financing: Using Business Seller Financing
  10 Steps To Getting Up and Running Selling On Ebay
  Why Good Looking Mobile Home Parks Have Ugly Returns
  Discover My Simple Method For Making Money On Ebay
  Real Estate Investor's Cost Effective Buyer’s List
  Uncover your companys key value drivers
  3 Simple Reasons that Will Help You Sell More
  Making Electric Heat Cheap!
  SR&ED Sr ed Tax Credit Financing in Canada

Article Tags: cash buyers, home based real estate business, real estate coaching, real estate investing business plan, real estate investment strategies, real estate mentor, real estate wholesaling



Related Forum Posts
Re: Improving Cash Flow - Thanks for your information. guide on how to avoid the problems of over trading. <-- Where is this guide? Any URL? guide on debt factoring and invoice discounting: the basics. <-- Where is this guide? Any URL? I just want to learn more about this. I am also looking for a good article on: What exactly is Cash Flow? Ways to improve cash flow at individual level and organizational level? I think it is a problem of thinking and mind sets problem. If we can change the way of spending, we can have more Cash. Robert
Improving Cash Flow - How do I improving Cash Flow? What the best way to improve it to another 100% growth YOY? Has anyone does this or achieved this using online marketing? Thanks, Roberts
Re: Are You Complying with the FTC? - A lot online marketers will run to Cyprus and other Islands to do their businesses. FTC rule or no rule the Internet is a global thing and still a wild wild west. Buyers should be careful and do due diligent before buying anything online
Re: Apologizing for my absence, and an update... - Apology accepted and thank once again for reviewing my copy of [i:3v8lr26m]Offline Cash Magic[/i:3v8lr26m] report
Re: Email autoresponder messages: what delivery intervals? - Sub-lists are primarily created around the products I own. If my list A was about one topic, I will not promote anything to that list about another topic until I first have them opt-in to another list. Example of this is, let's say you were interested in internet marketing and you opted-in to a list for driving traffic (List A). I will not send information about product creation tips to that list unless I first have you opt-in for another list (List B). These two may be close enough so that might not be an issue, but what I find is most internet marketers drive all their promotions to their one and only list they own. So one day, it's about teaching mom-pop offline businesses about marketing, another day about oh let's market on Facebook, next day about, hey I found great product on promoting stuff on Mobile or cell phones, next week, let's talk about Amazon's Kindle, then Pinterest... You get what I mean. If I have to do above, it will be after subscribers decided not to buy any of my own products. Then I will send other promos to that list. But I think by minimum, it's good to create sub-lists for buyers of your own products so that you can send more advanced and higher end items exclusive to that list.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Coaching Tip: Identify Your Core Values

Work at home Opportunities for the Disabled

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.