Lessons Learned From My New Cash Buyer

I know others have tried the technique of putting a fake property up on craigslist to get buyers. It is called a "ghost" ad. You essentially put up an ad similar to this:

"Handyman Special!!! 90K"

4bd/2ba in anytown USA. Get it before its gone!!!! email me:

yeahimadoofus@doofusisme.com for details!

Then when you get emails from investors you just tell them that the property went faster than you thought and get their info to put them on your buyers list. That's what I thought would happen. I got three emails wanting to know the address. Sent replies that it was gone before it was broadcast to craigslist because of my "exclusive" buyers list and would they like to be on it. Two didn't reply back but the third said he was a cash buyer, still wanted the address to run comps and to be in second place in case my "buyer" didn't close. I didn't know what to do because I didn't have a property. I totally lied and felt like a doofus. I posted the question at one of my favorite REI forums and waited to see what the people there would tell me to do because after all I had learned the technique there. I received varying replies but not the answer I needed. I replied back to my potential buyer that buyers on my "exclusive" buyers list would only have access to that info. and would he like to be on it. I left it at that but a few days later I still felt bad. I sent him another email this time spilling my guts and telling the truth. I was a newbie wholesaler who wanted to get buyers on my list and was given bad advice. I apologized and asked him if he wanted to still be on my list and asked him what he would look for in a deal. He replied back, gave me some good advice and wanted to be on my list.

Take it from me, it's best to tell the truth.
Thanks for reading!
Sincerely in Christ,
Leesa C.
Eph.2:8,9
L.J. Cramer Properties

It's All About The Buyers

Over the past several weeks I have been trying to increase my buyers list. It is coming along slow but sure. Two weeks ago I finally called three of the people on my section 8 list. None of them were buying. I'm not too sure that they are active investors either. They didn't even know what wholesaling real estate was. After that fiasco I put the list away and sulked. Only for a short time though because I still had the "We buy houses" numbers to call. I called the 800# of the first one and got an actual person but they were just an answering service. I left a message but still haven't received a call back yet. The other turned into another buyer for me. (Yay!!!)He was a cool dude and told me exactly what they looked for. Gotta love those kind of people that know exactly what they want and don't waste other people's time. At the end of the week I called the dudes rehabbing the house at the top of my street. They are just contractors that fix and flip about five properties a year but I still put them on my list.
Love to see my list is growing but need to be more consistent in my ads and calls.
Thanks for reading!
Sincerely in Christ,
Leesa C.
Eph.2:8,9
L.J. Cramer Properties