The Wholesale Hustle - Issue #10

Powering Up Your Wholesaling Game

What’s good, everyone? Issue #10 of The Wholesale Hustle is here, and it’s fire! Last week, we broke down deal analysis and dropped a killer offer template—props to Maya and Derrick for that heat. Now, we’re building a buyer’s list that closes every deal and unleashing a script to pull in serious cash buyers fast. Let’s stack those wins!

Feature:

Build a Buyer’s List That Buys Every Time & Attract Cash Buyers Fast

A solid buyer’s list is your ticket to quick flips, and nailing the pitch gets you the cash you need. Here’s how to make it happen like a boss.

Building a Buyer’s List That Closes Every Deal

You can’t wholesale without buyers—period. Let’s build a list that turns leads into locked deals:

  1. Scout the Right Players

    • Hit up local REIA (Real Estate Investor Association) meetings—flippers, landlords, and fix-and-flip crews hang there.

    • Search X for #CashBuyers [Your City] and DM active posters who talk deals.

    • Check county records for recent cash buyers in your market—look for “cash sale” deeds.

  2. Organize Like a Pro

    • Use a free Google Sheet or a CRM like REI BlackBook to track buyers. Columns: Name, Phone, Email, Max Budget, Preferred Neighborhoods, Last Deal Date.

    • Segment your list—flippers want ARV potential, landlords want cash flow.

    • Update it monthly—drop inactive buyers who haven’t closed in 90 days.

  3. Keep ‘Em Hungry

    • Send a weekly deal blast via email or text: “Hot deal at [Address], $85K, ARV $120K—interested?”

    • Host a quarterly Zoom “deal drop” to pitch 3-5 properties live. Make it exclusive—only serious buyers get the invite.

    • Reward loyal buyers with first dibs on the best deals to build loyalty.

Pro Tip: Aim for 20-30 solid buyers to start. Quality beats quantity—focus on those who close fast.

Script to Attract Serious Cash Buyers

You need a pitch that grabs attention and seals the deal. Here’s a script to pull in the big dogs:

Pitch Script (Phone or Email)

Yo [Buyer’s Name], it’s [Your Name] with a fresh deal in [City]. I’ve got [Address] locked at $80K, ARV hits $115K, with $20K in repairs—leaving you $15K+ to flip. I move fast, close in 10-14 days, and I’ve got more where this came from. You in? Hit me back at [Your Number] by [Deadline, e.g., tomorrow 5 PM] or you’re missing out!

Why It Works: It’s direct, shows profit potential, and creates urgency with a deadline.

Follow-Up Script (If They Hesitate)

[Buyer’s Name], I get it—maybe $80K feels tight, but this deal’s backed by solid comps at $115K ARV minus $20K repairs. I’ve got other buyers circling, but I’d rather see you lock it. Can you jump on this at [Price] by [Deadline]? Let’s make it happen!

Why It Works: You justify the price, add competition pressure, and keep the door open.

Hustle Hack: Record your pitch (with permission) and tweak it ‘til it flows. Confidence sells—practice ‘til it’s second nature.

Deal Tip:

Verify Funds Up Front

Before pitching, ask buyers for proof of funds or a lender letter. Example: “Hey [Name], love to work with you—can you send proof of funds for deals up to $100K?” No cash, no deal—save your time!

Quick Tip: Keep a “verified funds” folder in your email to speed up the process.

Reader Q&A

Q: How do I get buyers to respond to my deal blasts?

A: Make it pop! Use a subject line like “$15K Profit Deal – Act Now!” Include one killer stat (e.g., ARV) and a call-to-action. Follow up with a call if they don’t bite within 24 hours. Persistence pays!

Submit your questions to [email protected] for a chance to be featured!

Hustle Spotlight

Best Practice for Buyer List Growth

Let’s shine a light on a proven tactic: networking at local auctions. While not the best place to pick up a great deal on a property, it’s an excellent place to find and network with Cash Buyers.

  • Best Practice: Show up to county foreclosure or tax lien auctions with business cards. Chat up investors bidding cash—get their contacts.

  • Scenario: Hit up a local auction, connect with three buyers, keeping in mind that the buyers that lost the bid still have money to spend.

  • Why It Works: Auctions are goldmines for cash buyers, and face-to-face beats cold calls every time.

Takeaway: Hit one auction a month to grow your list—those in-person vibes turn strangers into buyers.

What’s Next

In Issue #11, we’re diving into mastering follow-ups to turn leads into deals and sharing a system to stay organized. It’s gonna be a game-changer!

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Keep winning, keep stacking!
Chris Strickland, The Wholesale Hustle