Have those of you with experience in this area determined that a particular range (eg, low, med, high) of home price tends to be that of an absentee motivated seller?

Mark Gustafson Great post but how exactly would you get motivated seller leads and how would you get them to continue to come in constantly?

My .02$As a experienced wholesaler, Im not sure your concerns are necessary.To ThomasThere are other expenses like marketing,buying leads, my phone, paper, ink, internet service, etc. etc. but all these things are just tallied up as cost of doing business.I use the same formula as above but sometimes I use .65 depending on the motivation level of the seller.Taxes are pro rated at closing, I dont buy any insurance (why would you?)

My son is severely disabled and I need to be in a position to care for him, so I have high motivation.

They are quite compelling and motivating!

You don't need a "company" (LLC, etc) yet.What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.c) Title company (preferred to have one you use for your deals)d) Attorney (required in some states)Best of luck!"

I started a women's book club near Tacoma about a year ago, and now there are 180 of us, and it is one huge happy hour, girlfriends, social events, lunch...whatever...all sorts of fun stuff.

You just have to dig for them; or better yet, have someone else dig for them for you.Here's some information that may help you if you plan on looking at REOs (foreclosed properties).First of all, I have never seen, in any of the states I am licensed to work in, any REOs where the bank gave anyone a disclosure of any sort beyond the federally required Lead Based Paint Disclosure for properties built prior to 1978.

I personally find these to be incredibly helpful from a learning perspective and tremendously motivating to get out there and make something happen.If this sounds interesting, leave some basic info below about your deal and I'll send you a PM to follow up.

There always seems to be a delay of one sort or another.