If the property looks like it has been sitting there, deteriorating for years, chances are hundreds of other investors have already sifted through the records in hopes of landing the deal of a century.

wow thank you for putting all that info right there for me.... that made it look alot easier then sifting through many different posts to see what to do next....... so do you suggest that I build up my buyer list first before even looking for my sellers?....

I know that there is lots of material here to sift through.

There is good information to be found, but you have to sift through a lot more chit chat to get to it.

The data sifts through and can tell you with facts who buys with cash, what they buy, and what targeted areas they focus on.

Do you really have any concept of the work that was done 24/7 for months to sift through that and clear it?

450 offers to sift through?

If I didnt put that in their I assume I would have to sift through 100 people to get to 1 that might be willing to sell at a discount.

I'm also not particularly interested in floating the lead gen costs until the house closes, or risking that I won't be paid.Lets go back to your situation where I sift through 100 prospects and come up with 10 leads I feel are worth passing on.Standard practice seems to be I hand those over and take $1,500 if you manage to close the property.

I thought I implied I understood it to be an evaluation tool of sorts, a sifting screen through which poor investments didn't pass.But you buy a property... first year, no one moves out, no big repairs... your Gross rents were $15,000 and expenses were $4,000 with another $4,000 towards your mortgage and interest.