Jon, i don't have time to devote to 1000's of leads...i'm trying to pursue a music career and use real estate as a supplement..the wholesaling thing is just a way to generate extra income..so i'm happy w/ 100 or so leads even though the most i ever got in a month when i was trying to actively wholesale was maybe 15. who are the NOLA people u refer to?

Since I retired I thought this would be a good way to supplement my retirement income.

You are welcome to join us.The brothers bought a 170 space mobile home park in North Carolina a few years ago so the income will supplement their military retirement pay.

We have raised millions from lenders in many different ways and in varying amounts, but none are interested in low returns to help us attract more buyers.I think in the end this is supplemental money.

They are not attracted to blinking lights yelling cash flow, but are attracted to the idea of a passive income to supplement their active incomes.I don't see seasoned investors buying these types of properties for the most part.So then in my mind these newer investors are buying properties that have minimal returns because they do not have the experience to properly analyze a purchase price.REPLY FROM ME: The advice I personally give investors is that my company is not right for everyone.

So mine is a retirement play (supplemental).

Bought my first property which was a duplex and supplemented the mortgage with the rent I was collecting.

Plus with the speakers that want to supplement!

Yes, the firm gets a cut on both sides, but REO splits (I'm assuming your area is like others in the country) aren't great, and the selling agent "supplement" can make all the difference.

I am currently working on re establishing my lease option business to supplement some more cash coming in by looking into a virtual assistant to put in the time of talking to people and screening tenants.