I went to my second RE Auction today and met a few people, but I noticed there were a group of three guys that were buying most of the property. The others only bought one. I approached them after the auction and introduced myself and told them that I find amazing deals just as good or better than the one's they were buying. The gentleman then said, "if you have anything good give me a call, we buy over 100 properties per year". I almost jumped out my body, but I kept it cool and we arranged for me to give him a call on Friday.
This is where God's favor comes in. Believe it or not, I gave one of his partners a ride to their office, which is about 2 minutes from my house. I had a chance to pick his brain and he was telling me about one of the properties they bought today which they said the judgement amount was almost $300,000 and they bought it for 25K. Now, I know with Dean's strategies I can find some killer deals, but how do I provide those types of deals. One thing the investor said when I was driving him home was "what's a great deal to someone else may not be a great deal to us". I can understand that buying that many properties they can be spoiled but is 40,50 and 60% off a deal to these guys because that's what I told them I can find. What does the judgement amount mean?
Also, he told me about a friend of his that's looking to pick up some REOs (20-30) in a package deal, but I'll put that in another thread entitled "REO List Finder".
In terms of finding more buyers for my list, I think these are whales on my line, I just need to know how to reel them into the boat. Thanks family!