Is there a posibility that perhaps one or more of the seasoned investors were to write an article on how to do a Lease Option transaction....outlining all the steps from beginning to end?

He is nice to work with and will negotiate seriously with any qualified players who put offers in writing .

HI:Thanks to everyone for helping out a newbie to the real estate world.I am writing down all of your suggestions.

Realtors are considered "experts" and they shouldn't be trying to negotiate preforeclosures because that might end up with you in court.Actually, a Realtor can negotiate preforeclosures, however, they must be totally upfront with the owner, i.e. that you intend to make a profit by reselling the property, which, of course, should be in writing.

His full time job seems to be writing reviews.Some of the material he pans I know works because I applied it.Even the bible appears to have places where the facts do not line up.No matter what you read you need to question if it will apply in your situation.

If still negative, take a wholistic view of the situation factoring in tax write off and depreciation.

ok, I'm just double checking here...actually I'm begging for help, this is the first offer I've made in years :violin: is a verbal offer ok, or should I go through the whole put it in writing ordeal?

* Be sure that the landlord writes into the lease (and signs) any promised repairs

(b) What marketing strategies to use when communicating with the owners, i.e. what to write and how (postcard/letter).

i had a local developer look at the lot and write up a report on it.