One of the most important things you can do is to build your buyers list. What good is it to go to all the work of investing and preparing the property if you have no one to purchase? Your goal is to focus on cashing out and close the deal from the moment you made the investment.
So where do you find these buyers. With today's real estate market offering so many homes, it is competive but not impossible.
Here are some of the things I do to prepare:

Signs:

Your signs should be placed in the front yard, around the neighborhood and in surround areas, such as 4 way intersections, the entry to the neighborhood, and roads leading to the property. They should say something along the following:

NO BANK QUALIFYING – 3/2 GARAGE TELEPHONE NUMBER
0 DOWN – 3/2 GARAGE ALL CREDIT TYPES INQUIRE - TELEPHONE NUMBER
MOTIVATED SELLER – MUST SELL – 3/2 GARAGE TELEPHONE NUMBER

Flyers:
It is recommended that you always have flyers available and when you put out flyers, you always leave a minimum of 25.
Your flyers should have:

“Buyers Application” printed on the back
Have the Property Address
Picture(s) of the property
Your contact Information
Open House (if applicable)
Pricing (if applicable)
Be sure to add details of the home and a bright or colored paper will make them stand out.
Place them in a flyer box in front of the home so people can see them as they drive by and inside the home.
You can also advertise with your flyers at grocery stores, gas stations, real estate offices and more.
See what works for you in your communtiy.  

Lockbox
You should leave a lockbox on the property and have 2 keys. 1 keep one in the lockbox and 1 keep the other with me at all times, either in your car or on your key ring
I find that the lockbox offers me more flexability for a buyer to view the home and they do not have to wait for an appointment.

CLEAN UP:
After the BPO you want your property to be appealing to buyers. You will need to clean up the house to make it comfortable to buyers.

Clean the Debris from the Front and Back Yards
Clean Debris from the Garage (if applicable)
Have the Yard Mowed
Wipe down Counters
Vacuum (if applicable)
Open all the Blinds

Next Blog " Building your buyer list online" coming soon...

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To Your Success,
Hunter
407-772-2274