I always heard there are two things that you need to make a contract binding, 1 is a contract with the seller's and the buyer's name agreeing to the terms and 2 something of value, whether it's money, valuable jewelry, or something else.

In poll fashion, kindly answer the following questions: What has been your most successful property locating technique to date for finding properties that are available for 50-65% of market value?

I'm going to look anyway but I don't see how a sale of this sort works out in any fashion.

In other words, I'm doing it the "old fashioned way."

Just offering an opposing viewpoint.My husband and I are both Realtors and a team.We both "share" the non-gendered identity of Malok for internet purposes.I do agree though, that if someone wanted to actually conduct a transaction with another person in this forum, they would provide their relevant information in some form or fashion.

If its not a seller's market, and there is a lot of inventory - you need the exposure that a COMPETENT Realtor can provide in marketing your home.Find someone that has a track record of moving homes in your area in a timely fashion.

No new cars or jewelry etc.

If I was presenting to a bank or investor it would be mostly to show how the information can be shared over the web or in a regular report.The idea here it to combine the above in some fashion to present a more complete picture to an investor from out of the area or a banker so the loan package makes sense.

Two people can say the same thing, but one can say it in a "we're all screwed" sort of way, which you did, or a "well...yes there are problems and we must prepare, so do THIS" fashion as I did.

I currently use ledger books and good old fashioned paper to keep records.Any suggestions on a great software that I could use to manage these properties on my own?