Not only that, most of the "GPs" had been working in Tech their whole careers and had only been into real estate the past couple of years.Don't get me wrong, we have a lot of very smart passive tech-industry LPs, but you want a vertically integrated machine of humans with deep real estate experience.

If you hire a big name brand builder you main have to pay more on overhead (project manager, superintendent, heavy equipment and machines) and their profit versus if you hire a small builder, the overhead could be almost nothing, and lastly, if you are a good investor/customer, you maybe able to get a better deal (a builder is willing to build the house for less profit).

So it seems to me that folks are probably happy to sit on the money making machines rather than sell.

I would like to convert them to card machines.

And before you even start building in the site prep there again, you are going to have to pay for big earth moving machines, that run on that $5+ a gallon diesel, and pay for a truck to move those machines to and from your job site, and if those machines are big enough you have to pay for the permits for them to go down the road.

I've reached out to about 50,000 contacts during this period but a few potential sellers a came across seem to already have realtors.My current approach involves using Deal Machine to identify potential properties by zip code, focusing on those with unknown sale dates or built dates before 2000.

Hello,I've been using CSC the last few years to have laundry machines on my property.

Some techniques that worked a decade ago no longer have the impact they did due to the number of people that are buying mass marketed lists and blasting out cards and letters that are machine written.  

You have to spend money to completely furnish the place with espresso machines and nice furniture. 

Hello everyone, I’m Mark and I am honored to be a part of this community and to tap into this treasure trove of resources.