Real Estate Investing With Cash Buyers

Real estate investing with Cash Buyers is the key to building a leveraged and successful real estate wholesale  business.

real estate investing with cash buyersIt’s all about finding quality over quantity.  You want to work with the “real” players in the market…the guys who are buying deals month in and month out.  Establish those relationships by being yourself, setting yourself apart from your competition and by doing what you say you are going to do (bringing them great deals).   Find out what these buyers are buying, where they are buying, how much they can spend, how many deals they can handle at once, etc, etc.   Once all this is established, you can go shopping for exactly what these buyers are looking for.   Start marketing to motivated sellers with direct mail, SEO, and PPC.  Analyze your leads carefully, negotiate a great deal and put the property under contract.

Remember the MAO (Maximum Allowable Offer) formula…

ARV (After repair value – what the property would sell for fixed up in top condition)

x .70 (this number can go up or down depending on competition and if it’s a sellers or buyers market)

Minus repairs

Minus your assignment fee (what you want to make on the deal)

= Your Maximum Allowable Offer!

So…if my ARV is 200k. I multiply that by .70 and that equals 140k.  Let’s say my repairs estimate is 30k. Now I am at 110k.  Let’s say I want to make 10k on this deal, I subtract my fee to get a maximum allowable offer offer of 100k.

The MAO Formula is a guide that can help you to quickly calculate what you can offer for a property.  There are more detailed calculators available and you can find them on the internet.  However, this formula works just as well when you know your market and your numbers.  Memorize it, study it, use it!

*I get a lot of students who ask me how to assess repairs.  The key here is practice.  Go out on a few appointments with a couple rehabbers or speak to some local contractors to get your numbers together. Attend your local REIA or Meetup.com and bring up the topic.  Immerse yourself in the process.  Start with the entry level type house in your market and learn the most common repair items first.  For example: roof, windows, boiler or furnace, paint, flooring, kitchen update, bath updates etc.   It won’t be long before you have this down to a science.

[pullquote align=”normal”]Cash Buyers are the secret weapon to your success and will help you work smarter not harder – Dave Brown [/pullquote]

This process of finding buyers first before marketing to sellers is called Reverse Wholesaling.

Typically, most investors look to secure properties and market to motivated sellers right out the gate.  This can pose a real problem, especially if you are new.  If you happen to get a property under contract what are y0u going to do to move it?  Who are you going to sell the contract to?

Traditionally someone would get a deal under contract with a seller and then they would then have to hustle and scramble to find a buyer for it.  This can be very stressful, especially when the clock is ticking to get the deal done.

[pullquote align=”normal”]It’s easier to find a house for a buyer than to find a buyer for a house. Remember that! – Dave Brown [/pullquote]

Reverse wholesaling just makes more sense.  It doesn’t work all the time but it works most of the time. You’ll have a lot more confidence knowing you already have a buyer when you go negotiating with a motivated seller you want to get under contract.

Build your buyer’s list first.  Seek out the investors and rehabbers in your area who are closing on deals each month and get them on our VIP Buyer’s list.  Screen them to find out what and where they are buying, then go out secure exactly that.  Take and fill orders…it’s that simple.

Real estate investing with cash buyers very powerful concept and it’s going to change the way you do business.

If you are looking to streamline this process so you can build your cash buyers list quickly then you need to check out this system.   This is the exact system I used to generate most of the cash buyers in my market and you can use it in your market or any other market across the country.

No Gimmicks, No B.S., No Tricks.  Just a simple and effective strategy to build your buyer’s list fast.  This is how you stand out from the competition, take over your market and change your life for the better.

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Get The Reverse Wholesaling Book From My Good Friend And Mentor Kent

This Book Will Reveal Exactly What You Need To Do To Give Yourself An Unfair Advantage Over Other Investors By Showing Your How To Shortcut The Process Of Matching Buyers To Sellers… FREE!

>>Click Here To Download For Free <<

Find Cash Buyers For Real Estate

Find Cash Buyers For Real Estate Now

Do you want to change your real estate business with just a few clicks of your mouse. Well its possible.  If you are involved in any niche of real estate (residential, commercial, wholesaling, rehabbing, lease options, short sales, or even a Real Estate agent) this system will be right up your alley.

Finding Cash Buyers is a terrific strategy when it comes to selling real estate, leveraging cash buyers. Finding cash buyers is the key to a successful real estate investing business.

Real Estate investing with cash buyers is hands down one of the top strategies for wholesalers.  But this strategy works well whether you are an wholesaler, agent or real estate investor, but it definitely works best when you’re wholesaling properties.

Many people get in this business and give up because they simply don’t know how to find cash buyers. You can have 20 homes to sell but if you don’t have buyers bringing cash money to the table, then you won’t sell anything. If you invest in real estate today and more specifically, looking to unload properties quickly for a profit than you may want to consider this technique. This entire strategy is about finding high value cash buyers, targeting them, and attracting them to you and your business. The kind of cash buyer you’re looking for is an individual or company with a high liquidity and a real focus to buy houses at a discount.

Okay great, but how do I find these cash buyers for my real estate business?

Well there are a few ways, you can advertise for them or market to them directly.

Advertising for cash buyers

This would entail putting advertising campaigns out to various forms of media outlets such as newspaper classifieds, craigslist, social media, or using something like bandit signs. This type of media advertising can be very successful in building a buyer’s list for your real estate business but it can also be very costly and time consuming.

Use The MLS (Multiple Listing Service) for Cash Buyers

You can work with an agent in your area and look up certain MLS listings in your area.  You want to find out what properties were bought for cash and by whom.  Create a list of these buyers and contact them. Start by building a relationship, meeting them for coffee or just contacting them with one of your deals.

Network for cash buyers

Networking is something that most investors don’t take advantage of enough.  Have you ever hear of the saying leave no stone unturned?  Your sphere of influence and anyone you meet is a potential source of business or leads.   Make sure you tell everyone you know or meet about your business and what you do. Ask friends, family, co-workers, attorneys, Realtors to keep an ear out about any leads or cash buying investors they might know.  Also make sure you attend your local REIA meeting often. They usually meet once a month.  You can also go to ww.Meetup.com and find real estate investor groups and meetings there too.

Google Method – Search online for cash buyers

This is by far one of the quickest ways to get a handful of cash buyers.  It’s always a great way to research your competition.  Got to Google search and type in “we buy houses [your city]” or “sell my house fast [your city]” and see what comes up in the search.  You will see a lot results come back with folks who have websites.  These are individuals, small businesses, cash buyers and “middlemen” looking to make cash deals.   This is lowing hanging fruit and folks you can contact right away.  You can either be direct and call them or send them an email through their contact form.   Just understand that some of these people are legit, but some aren’t; it’s really up to you to vet them and see if they are the real deal.

Did you know that just last month that there were over 150,000 cash real estate transactions across the country?  Ask me how I know this…. I know because I now have access to EVERY ONE of these cash buyers!!! With a few clicks of a mouse, I can find cash buyers in markets coast to coast. A friend of mine just showed me his killer way for finding these buyers – you’re not going to believe it!

Find Cash buyers in your own backyard!!!

This cash buyer system will allow you to find cash buyers right in your backyard. All you need to do is select the state you want the data, the county, and the date range of when the property was sold and in one click you have a list of every cash sale. The list is INSANELY valuable!

[thrive_link color=’blue’ link=’https://jr208.isrefer.com/go/fcbneverweb/brown/’ target=’_blank’ size=’medium’ align=’aligncenter’]Register For The Free Training[/thrive_link]

So what come’s with the cash buyers system?

Find Cash Buyers Now Includes:
– The buyers name
– The property address they bought
– The buyers mailing address
– The date they closed on the property
– How much they paid for the property

When I saw this software for the first time I just stopped and shook my head……”If I had only had this type of information when I first started in real estate.” How much easier would my investing have been? All of the time, effort, and energy saved. WOW!

Learn how reverse wholesaling and building a quality cash buyers list can make your investing business SOOOOO MUCH easier!! 

Reverse Wholesaling Case Study

A Professional Online Real Estate Investor Website, Flipping Houses And The Art Of Reverse Wholesaling.

Wow that’s a long sentence to swallow but having a professional online presence as a real estate investor is extremely important when it comes to credibility and authority in your market place.  Why?

Let me explain! (Reverse Wholesaling Case Study)

In 2012 I got a lead on a deal about 20 miles from our office. My business partner Randy pre-screened the lead and instantly knew it had potential.  The sellers… an elderly couple who were moving to North Carolina.  They didn’t owe anything on their house and just wanted out fast so they could make their move.  My business partner Randy visited the house, met with sellers and made an offer.

Outcome…
They didn’t except the offer right away  because they had another investor interested in the property and wanted to hear what he had to offer.  This investor was from the city 2 hours south of us.

Result…
The sellers called my partner back up and  said that they would sell our company the property. Randy asked them why they went with us and the sellers said, “Even though the other investor offered us more money, when we looked him up we couldn’t find him online!!  But you guys were all over!”  WOW!!  Awesome right?  You see the simple fact is that when the sellers went into the search engines to look us up they actually found us.

BOOM…Instant Credibility, Instant Authority!

So I hope you are taking notes! 😉  Here is the best part. Because we use a technique  called reverse wholesaling we already had a buyer lined up for this property. What is reverse wholesaling?  Reverse wholesaling is the #1 strategy in real estate investing and all it means is that you take almost all of the risk out of wholesaling by building a hungry list of cash buying investors and rehabbers first.  You find out what they want and where the want to buy then you simply go out and look for motivated sellers in those areas.

With this deal we got the property in contract for $60k and we sold it to a rehabber who was on our buyer’s list for $79k!!  We made a 19k profit by being the middleman and bringing one of our buyers the kind of deal they loved.  The sellers were happy, the buyer was happy and we were REALLY HAPPY!

This is why you need a clean, professional real estate investor website and presence online! The ROI on these type of deals is huge.  You do the work once and it keeps delivering over time.

Get More Motivated Sellers With This
Real Estate Investor Website System