I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?

I believe that right now its a matter of picking the person who will do the least amount of damage...

For example, significant damage done by tenants in excess of the security deposit (often thousands of dollars), is an expense that may only occur once in a many years.

A common rule of thumb is that all expenses, including taxes, insurance, utilities (at least when its vacant) vacancy, advertising, tenant screening, maintenance, property management, tenant damage, legal fees, etc., all add up to about 50% of the rent.

For another thing, government intervention (that just seems to keep coming up) often has exactly the opposite effect.

(In a case involving communi8ty property:) A creditor who violates this order can be required to pay damages and attorney's fees to the debtor.

There's really only one rehab/flip market right now and that's rehabbing rental property to flip to rental property investors which means COST EFFECTIVE rehabbing - not pretty rehabbing.

I have the drive, passion, creativity, and persistence and I know how to effectively leverage my resources. 3 years later...I am still a talker and not a doer.

What is the best sugestion for working with the owner after you have won the auction.Eviction is messy and will no doubt result in 75k in damage or more to fix.Got suggestions?

While it is effective for building a mailing list, it sends me running immediately.