Finding a buyer for an investment property is a crucial part of any real estate investor's journey.
Let us show you how to find buyers using PropStream!
No matter what type of investor you are, you may need buyers to complete a transaction or move on to another project.
Below, explore suitable buyers for your investment needs.
Once you’ve found a property with an owner who wants to sell, it’s time to find an interested buyer to assign the contract to.
Once your flip is complete, you'll need to find a buyer before you can move on to your next project.
If you've outgrown a starter property, you'll need somebody to buy it so you can move on to something better.
Wholesalers often target distressed properties in need of renovations.
Since these properties may need too much work for the average home buyer, Flippers are an ideal demographic to target when assigning a wholesaling contract.
To find Flippers in PropStream, use our "Flippers" Lead List.
Cash buyers are often professional investors with enough capital to invest in real estate opportunities as they're presented.
Cash transactions are typically quicker and easier, allowing you to move on to your next wholesaling deal sooner.
To find cash buyers in PropStream, use the “Cash Buyers” Lead List.
Working with a wholesaler may intrigue an investor with multiple properties, as it saves them the hassle of finding new investment opportunities.
To find investors with multiple properties, apply these filters:
Non-Owner Occupied + Multiple Linked Properties (or just search for multiple properties owned by the same person).
Buyers who pay solely in cash typically have higher net worths and are often professional investors. Targeting cash buyers helps ensure that you're reaching out to potential buyers who can afford a new real estate purchase.
Selling your flip to a cash buyer will also lead to a quicker transaction, allowing you to roll those funds into your next flip sooner.
To find cash buyers in PropStream, use the “Cash Buyers” Lead List.
Newly-renovated properties are a prime target for many buy-and-hold investors because they want to get tenants in ASAP and don’t have time to renovate a property.
To find buy and hold investors in PropStream, combine these filters:
Non-Owner Occupied + Multiple Linked Properties (or just search for multiple properties owned by the same person).
Investors who have paid off property may be ready to take on their next project since they no longer have a mortgage payment.
These investors may lean toward properties that have already been renovated, leaving you the perfect opportunity to pitch your latest project.
To find rental property owners who have paid off a property, use the “Free & Clear” Lead List with the "Non-Owner Occupied" filter.
Investors often do cash transactions if they're working with a large budget. You may find a professional investor searching for their next property by targeting cash buyers.
Also, a cash transaction is typically smoother and less time-consuming, so selling to a buyer who can pay in cash is ideal.
To find cash buyers in PropStream, use the “Cash Buyers” Lead List.
Once a rental property owner pays off a property, they may be ready to take on another one.
If your property is still in good condition and the region it’s in offers potential, that property owner may be interested in taking it over.
To find rental property owners who have paid off a property, use the “Free & Clear” Lead List.
It’s only natural to move on from starter properties.
Another buy and hold investor may be eager to purchase a property you’ve outgrown, especially if it’s in a hot real estate market.
To find buy and hold investors in PropStream, combine these filters:
Non-Owner Occupied + Multiple Linked Properties (or just search for Multiple Properties owned by the same person).
Need a little help finding those Lead Lists and search filters we mentioned above?
This short tutorial has everything you need to know about using PropStream's filtering capabilities to find your ideal demographic!
Did you know that we offer intuitive, easy-to-use marketing tools right within our software?
Some of these marketing tools are add-on products. For pricing information for each, head over to our Pricing page.
A skip trace simply collects contact information for a particular person or group of people. When you skip trace with PropStream, you can collect up to four email addresses and four phone numbers for each contact. Additionally, each contact is flagged if they’re on the DNC (Do Not Call) List.
Tip: If there is no contact information available for a contact you’re attempting to skip trace, you will be refunded for that contact. No hit? No charge!
Once you’ve saved some marketing lists with great buyer leads, you can create your email campaign in PropStream.
With your email campaign, you can efficiently market to your lists by writing different emails for each demographic you’re targeting. Additionally, you can track the email click-throughs within the software.
You can also send out unique postcards to each marketing list.
We offer a variety of professionally-designed templates to choose from, or you can unleash your inner artist and design your own!
Postcard orders are typically processed in 3-5 business days before they’re sent to USPS for distribution.
Once your prospects receive your emails or postcards, they need a place to learn more about you and what you do. Luckily, we offer a free landing page with each PropStream subscription!
Use this landing page as a place to
And anything else you feel will resonate with your prospects and motivate them to call you.
While we offer plenty of resources to find motivated buyers right within the PropStream platform, we also have a Facebook group with over 4,000 members.
Our vast network of real estate professionals makes it easy to build relationships right from your mobile device.
Once you’ve found a buyer for your property, you’ll need to complete the closing process.
The closing process involves a lot of detailed paperwork and contracts, so working with an experienced real estate agent can be helpful.
Keep in mind that working with a real estate agent will mean that they get a commission from the transaction.
If you want to forego working with an agent and keep the commission, you may consider getting your real estate license.
Tip: You can find agents in PropStream by using our filters or Heat Maps to search for on-market properties!
Want to learn more about the benefits of getting your real estate license as an investor? Check out this blog post!
Important: When signing real estate contracts, we recommend working with a legal professional to ensure you know exactly what you agree to.