I just started marketing for motivated sellers and I'm learning as much as I can.

If you know where to buy those, please put me on your buyer's list.The 50% rule applies to rentals and states that 50% of the income will be lost to expenses with the remaining 50% available to cover debt service and your pocket money.

How do you find motivated sellers?

It's great that you're so motivated!

It's a great self-motivator - it's a lot easier to say "right, next property pays the water and electricity bill" than looking up at this mountain of what it takes to become financially independent.One way of approaching reaching your goal while not accumulating too many properties is this:- Figure out your comfortable living expenses, plus some money to continue investing once you're full-time.- Figure out how many properties that would take, if they were paid off.

They have decided they don’t want to renew the lease because of the new rental amount but have asked us to “work with them” as they try to obtain a mortgage and allow them to remain in the house as long as that takes.

hey guyshas anyone used direct mailling whether be yellow letters/postcards and in the message put in the offer for the property as well, because i figured if they are gonna call back most of them are tire kickers and not motivated, by just putting in the offer at least they look at it and perhaps just the motivated sellers would call back rather than everybody

I'm guessing it's finding a motivated seller, arranging a lease option, and then selling that lease option to a tenant-buyer who then does a lease option - and you make money for bringing them together.

I heard another investor tell a story on securing a lead and speaking on the phone with a homeowner who was motivated but needed or appeared to need a push aka playing hard to get.

In the end, it may come down to what I have heard and read several times, which is that if the seller isn't truly motivated, then these types of creative financing offers won't work.So what is "truly motivated?"