Let's not forget about bandit signs... they work great and can pull in more leads than you can handle depending on your area.

Mikeit is an option thats still on the table. i am not sure how people are in this market about lease options and contracts like that..plus alot of my contacts would be through MLS b/c i have no foundation, help, or contacts of my own so i would also be dealing with "regular" agents who don't quite understand the process and won't be able to give the seller an accurate idea of what the heck is going on. i need to first find out how to have no budget but still find sellers in preforeclosure. i need to find the business/legal papers and subscribe to that although i am sure the other investors have that lead as well. another idea that i saw through Armando Montelongo's book was to contact divorce and insurance lawyers to tell them I am interested in buying their clients homes.

However, with the poor job market, I may have a more difficult time flipping the contract. 2) Has anyone utilized those websites that sell motivated seller leads?

The current climate dictates that one should try to develop every lead, even those that may feel too intimidated to talk to a direct representative.Great explaination Eric!

Is there a market for selling people who want to lease option? Say theres a person who wants to sell their house, I do the work and convey what the lease option is and get right up to the point of making the contract ...

She was not able to share in all the stress leading up to and doing the deal.

If you send out enough effective mail youll get the leads you need...Just be glad youre getting the mail back so you can stop mailing them..Michael Quarles

First, thanks for your nice comments...Yes we do use our website as a seller lead capturing tool and that is really all we use it for.

Thanks for the lead.

It would be great to then have a follow up with the mentor, who would take some of the leads and go through the motions with me in analyzing the lead, making the calls, following up with appointments, and doing the first few deals.