Having an idea of how many VIABLE candidates you can drum up in a short period of time will give you a sense of whether you should consider raising rents for the whole building and/or how quickly you could raise rents.

Little less cash flow out here and competitive market, so that might be one reason why...Seems like lots of Houston/texas investors on here (many from CA), so you might be able to drum up quite a bit of business if you connect with them..

And, most multi developers are simply looking for pretty renderings up front to drum up interest (with the promise of more work -- and payment to come post-funding), and then the required stamp on the other end.  

Having done a lot of reading (including J Scott's book) the 70% rule has been drummed into us. 

The real benefit is to the Realtor having the open house beingable to drum up more business.

I'm just not here to 'find' a 'savior,' or drum- up more business, per se'.

I have a pre-determined amount.Bird dogs certainly put up bandit signs, or mailouts, whatever drums up business.

Then when you put the floor in place it all will be tight as a drum anyway.

I have around 30 properties and put my signs out at each of them if I need to drum up some business and it has done well for me.

Very interesting, Great way to drum up rehab money as well to I suppose if you had too...Thank you so much....By the way, do you ask the lending institution for the 2nd or is it on them to bring it in to close a deal?