I never personally took it to the level that someone like Michael Quarles has, but I don't think no calls on 300 letters is unusual at all.

If you get 15 to 30 % response that is not just unusual, it is ridiculously successful and you should be ready to take advantage of every single bit of it.

Originally posted by David Niles:...Some of you are pretty lucky, most I ever end up with is junk and all sorts of nasty smells and stains.Well, I thought the theme of the thread was UNusual stuff - smells, stains and insects are the usual stuff they leave behind ... :)

It's not unusual that folks (including many investors) will pay cash for property and regret the decision relatively quickly for one reason or another possibly due to a lack of experience.

Nobody told me at the time how unusual that was, or gave me Jerry's advice of "it won't always be that easy."

If uncertain what your median is do a reverse look up for sales last 12 months by 50k increments sales price This will get you clossAbsenteeNo corps no trusts.

Michael, you sound like me talking, don't get on the wagon until you have the horses hitched up.Now, if there is some unusual situation where a property is to be acquired and sold within 90 days, knowing there is no problem with a sale you might use a Sub-2 arrangement to facilitate the deal.The seller needs to understand these deals, giving the seller some disclosure saying they are going to be responsible for the loan and they will die, isn't really having them understand all the risks involved.As Michael said, don't get involved unless you can take out the underlying debt

I am uncertain if the occupants are the owners or if they are tenants.

It is not unusual to run into insurance company push back during the process.

Farmers is a bit unusual in that yes it’s a captive company in that the 1st shot on the policy has to go to Farmers or Foremost, but the agents are free to broker to any company after that at the discretion of the agent.