I get calls from my yellow letter marketing campaigns to out-of-state owners with response rates as follows...1st mailing - 12%2nd mailing - 5%3rd mailing - 3.5%I'm happy with the response rate, but not happy with the amount of motivated callers.

I'm just sending up a yellow or red flag.

This is from someone I sent a yellow letter to 9 months ago, and just kept following up.

OH and by the way, the police told me Sec. 8 was telling people to Spray Paint the units with a Flourescent pink or yellow circle with a dot or something unique, then notify the scrap yards and police of your mark in case they get stolen and to tell the scrap yards not to take any condensors with flourescent paint and to identify the people bringing them in.

As an added bonus, in all likelyhood the value of your property has appreciated OTOH, if the basic structure is ALSO in poor condition, AND the roof is bad, and its not that great of a location, or floorplan, or... then it won't make any difference- you're looking at a teardown.It also probably won't work if you are unable or unwilling to do any of the work yourself; and/or if you are picking all new contractors out of the Yellow Pages.In general, I disagree with the idea of doing just enough to get it rented, then make it nice when its time to sell.

I find my deals from three main areasWhat: My MarketingHow: Billboard, Yellow Pages, Ad in PaperWhat:My Network of ContactsHow: They all know I buy houses and call me on leads.What:Listed PropertiesHow: I constantly look and target properties to make offers on

I got a 10 month old baby yellow lab, and I don't know what my family would do should something ever happen to him.

Investors (and any other real estate people)If you are new or seasoned, the yellow letter is an excellent marketing method to get a high response rate from sellers.Most marketing results in .5 - 1% response rate..With the yellow letter, you'll get 10% to 25% (depending on the list your mailing to)...Do me a favor and don't mail to foreclosures, o.k.???

He would tell me sales prices of houses selling for 500k-1M on Grandview Ave in Pittsburgh he had the chance to buy for 50k 30 some years ago.When i was about 18 i started looking for my first project(rehab) hoping if i found the right deal i could sell it to a family member there were 4 amazing houses i came across but could not sell the idea to anyone there was even one house an old lady gene a friend of mine was going to sell me for $2500 that was rentable as is i could not come up with the money and she was scammed buy the RE investor i learned so much from he saw a good deal and took it. the house hunt never stopped i started showing more houses to my mom and she became more interested. 2005 was a terrible year along with a slow work year construction wise i lost my best friend, grandmother and father then my house ,car everything but my dog due to funeral expense's i realized life was to short and i would not wait to get into this business anymore i moved back in with my mom and became even more motivated to get a rehab going i showed my mom a property in summer 2006 and she became interested and helped me get the house it was almost condemned we bought it for 6k and brought it back from the dead if you visit my myspace page its the yellow house on the slide show Ive since done 2 more and I'm ready for many more I've decided this wont be a hobby i sleep RE literally. ill live in the streets if that means i can keep building this dream.

Its the little yellow ad saying "Manage Properties with Quickbooks" below the top forum links.