Approaching hard money lenders.

That's just a different approach than buying rentals for cash flow.

Many contributors to an Australian property investing forum are currently arguing that as yields are now approaching 1/2% (from below), Australia must be getting set for another boom, because "why would people pay 1/2% to rent when they can buy for that?".

You've brought the assignment of contract which stipulates your fee and the %age you expect up front.

It's a non-sensical approach to negotiating.

But, my logic says "there is a greater likelihood that the people you approach to enlist as your buyers will hear you out and opt in if you come to them with a list of deals that they can make money on soon" as opposed to saying" hey - i might have some deals you might be interested in - let me get your card"

Others are looking to have more of a "hands off approach or do not live near areas that are condusive for cash flowing properties.

Also worth considering is that I have been approached to buy properties before that I wasn't interested in until I ran some numbers!!

Out of those 6 homeless people, every single person has been approached by MULTIPLE charitable orginizations and churches.

Downsides include the usual downsides of partnerships :-) Also a bit unsure about approaching family and friends for this kind of deal in this economic climate.