I actually had a caller lead me on for about 5 min before I disclosed, and he really let me have it.

Regardless, it was a great prank.

With the Caller-ID technology of today, if it's NOT in my contacts, I ignore it altogether. 

If I am not here to take the call, I do have caller ID and sometimes they will leave a message.

We also clearly state our application fee, monthly rent, security deposit, and move-in processing fee.Think about the questions that most callers ask you upfront, those are the type of items you would do well to include in your advertising.Also, in your advertising provide information about how to apply.

On one curious occasion, I engaged in a dialogue with one of these callers to understand what they were trying to achieve (this was before I really understood wholesaling).

The old tenant left it in great shape, the cleaning people were there and gone the next morning, and the new tenant moved in that evening.I think you asking what you should tell prospective callers.

As of right now my plan is to 1.) run an ad in the paper and all over the internet advertising a 3/2 fixer upper and tell the callers that it sold and get their info, 2.) drive around and find recent rehabs (there are a ton in Raleigh) find the owners contact info on the assessors website and then email or send them a letter introducing myself and ask to add them to my investor list, ( is this invasive or most guys wont care?)

It was hard to understand the caller very well because of a thick accent, but heres what I got:He and his (ex) wife are divorced or at some stage of the divorceThey tried to sell the property but it never sold (my research later shows it was listed in April of 08 but expired and is still sitting there, abandoned)He doesn't care what it sells for, as his ex is going to get most of the $$$ anywayHim and his ex aren't on speaking terms apparently, and he said that if I make an offer he'll have his sister talk to his ex, and if she likes the offer, then we'll move forwardFrom the old website that the realtor set up back in 08, I can see that the interior is/was in great shape and looks pretty new, but the exterior looks terrible.

I'm really happy with my response rate but most of the calls have been a waste of my time (2 callers I added to my buyers list).