A "yellow letter" is most popular as a handwritten letter in red ink on a sheet of yellow lined paper, although I've seen it done with different variations.

I felt that there was no more upward mobility for me at work, and with both my wife and putting in 11 hours a day so we could afford to live in one of the few useable school districts for our son (that we weren't seeing for more than a couple hours a day), we felt it was time to realize the appreciation on our house and jump ship.

If I were going to do wholesale I would probably shoot for closer to 65% ARV I would imagine 70% wouldn't leave enough meat on the bone for the end buyer.

I like to slaughter (sell them) for the meat and get paid once. 100+ unit apartments are like cows.

I agree common sense would show that as a red flag; but I felt desperation to get a Property Manager as my previous Manager had quit on me out of the blue.In hindsight I'd have generated the PMA with more verbiage to defend myself and the properties; I never foresaw the events that had unfolded.

I can't find much information on it online, seems like a red flag but thought I'd ask in case anyone has experience with it.Any guidance with how to get started is greatly appreciated!

We'd like to buy your house at 123 Main St.Please call me at 404-555-1234.Thanks,JohnYour letter copy, in my opinion, sounds too much like a salesman.

and @Jackie LangeI love it when we're able to cut through all the fluff and get right down to the meat like this.

It's great to see other people joining from my state.Spend some QT reading on this site and you will quickly learn how to turn those 4 green houses into a red hotel.

Email me at [email protected].