I’ve been using Craigslist since late last year to generate leads for homes to buy, add investors to my buyers list and also look for good investment property. I’d say I have had only fair success with it.
When I post for investors looking to be added to my buyers list, I tend to get a lot of “spammy” replies from people looking to promote a website or trying to sell me a foreclosure list.
I do track my responses and even try to change the ads around…but I haven’t received any overwhelming response from any of my ads. I have even written ads that the REI gurus recommend, but I haven’t had that much luck.
Another thing is that our website, although still new, tracks pretty high on the search engines, but I don’t get tons of reponses (yet) from motivated sellers. I need to do some tweaking there. I’d hate to pay for ads if I can get the traffic/leads for free. I have been hesitant, mostly for lack of free time, to put out bandit signs, but I may have to resort to that, if the on-line stuff doesn’t provide enough results.
I’ve also posted ads on Backpage and Kijiji, with the same results.
What is your experience with finding deals and motivated sellers on Craigslist?
Happy Investing!
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Thanks for checking out my blog. Happy Investing!