Finding Buyers For Investment Properties
To find buyers for your properties, get to know other investors who would be interested in buying from you. Do this by developing an identity, looking through title records to find other investors, developing a marketing strategy and contacting investors who advertise via street signs.
Finding buyers for investment properties does not have to be a complex marketing battle. In fact, successful real estate investors often find buyers and tenants for their properties before the even purchase a piece of real estate. They do this by focusing on other real estate investors. Other real estate investors are always looking for properties to buy, so if you can supply them with properties, you will have a steady stream of potential clients at your beck and call.
Developing a list of investor clients willing to buy your properties is as simple as:
1) Developing a brand. In order to have investors remember you, you need to develop a brand or identity that stands out. This can be as simple as wearing a distinctive style of clothing, having a polished image, being approachable and personable, or having a specific niche or focus that is intriguing. Even a memorable business name or business card can go a long way towards ensuring that people remember you.
2) Looking for title records. Visit a title company or get to know a local real estate broker to find local title records. Good investors who are interested in buying and selling lots of properties show up on these records very regularly, so when a few names show up in the records again and again, you know that those are contacts you want to make.
3) Marketing. When you eventually have your list of investors, you will have to do less marketing work in order to sell your investment properties. However, at the beginning, especially, you will need to market in order to generate a list of potential investors interested in your homes. To do this, hand out brochures, business cards, and other marketing materials to everyone you know. Try targeting your ads to places where you know investors visit. For example, sign up for the local investors club or advertise in a local publication that investors tend to read.
4) Look for street signs. Any signs that say "We Buy Houses" are generally from investors, and you generally want to get to know the people who are pasting around the signs in your area. You want to contact these people when you have investment properties you want to sell, and you want these people to call you when they come across business opportunities that they don't want but which you might find intriguing.
About Walter Smolenski Walter Smolenski is affliated with Hallmark Realtors, which is located in Westfield, NJ. For further assistance please use the contact information located on the right.
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Local Information for Westfield, NJ
Latitude: 40.649869 -- Longitude: -74.343183
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ZIP Codes for Westfield, New Jersey
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07090 
07091 
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Area Code for Westfield, New Jersey
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908
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Time zone for Westfield, New Jersey
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EST
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As of the census of 2000, there were 29,644 people, 10,622 households, and 8,178 families residing in the town. The population density was 1,700.7/km² (4,403.1/mi²). There were 10,819 housing units at an average density of 620.7/km² (1,607.0/mi²). The racial makeup of the town was 89.98% White, 3.88% African American, 0.09% Native American, 4.08% Asian, 0.01% Pacific Islander, 0.62% from other races, and 1.33% from two or more races. Hispanic or Latino of any race were 2.82% of the population.
There were 10,622 households out of which 40.8% had children under the age of 18 living with them, 68.0% were married couples living together, 7.1% had a female householder with no husband present, and 23.0% were non-families. 19.3% of all households were made up of individuals and 9.4% had someone living alone who was 65 years of age or older. The average household size was 2.77 and the average family size was 3.20.
-- Source: Wikipedia.com
New Jersey 2000 Census Population Profile Map
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Westfield |
New Jersey |
United States |
|---|
| Population |
29,644 |
8,414,350 |
281,421,906 |
|---|
| Median age |
38.6 |
36.7 |
35.3 |
|---|
| Median age for Male |
37.6 |
35.5 |
34 |
|---|
| Median age for Female |
39.4 |
38 |
36.5 |
|---|
| Households |
10,622 |
3,064,645 |
105,480,101 |
|---|
| Household population |
29,377 |
8,219,529 |
273,643,273 |
|---|
| Average household size |
2.77 |
2.68 |
2.59 |
|---|
| Families |
8,181 |
2,154,539 |
71,787,347 |
|---|
| Average family size |
3.2 |
3.21 |
3.14 |
|---|
| Housing units |
10,819 |
3,310,275 |
115,904,641 |
|---|
| Occupied units |
10,622 |
3,064,645 |
105,480,101 |
|---|
| Vacant units |
197 |
245,630 |
10,424,540 |
|---|
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Walter Smolenski
Hallmark Realtors
235 Elmer Street
Westfield, NJ 07090
VOICE: 908-232-0066
FAX: 908-518-2576
TOLL FREE: 800-216-1321
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