Can anyone point me to a great resource for really effective check lists or questionnaires when speaking to a motivated seller or looking at a potential property?

It's not a motivational book, but rather one that's designed to teach you how to interpret pro formas and how to do and understand key calculations that are essential for success in real estate investing.And for fun I teach once each year at Columbia in their Master of Science in Real Estate Development program.I've been in the real estate software business long enough to have learned that there's no point in trying to sell people analysis software if they don't have a good grasp of the financial concepts that underly real estate investments.

Seller has told me directly that he is VERY motivated to sell since having bypass surgery (will take less).

If I only knew what I know now about motivated sellers, I could have bought it for at least $10k less, or better yet, would have bought another property all together.

Whether prices decrease significantly or just flatten out for awhile, I think the opportunity lies with less competition fighting for the motivated sellers.

Time is money and money takes time :lol:Any tips on the whereabouts of these said motivated sellers?

Also there is the yahoo/realestate site which will have some properties but I'm never sure if the price listed is a second mortgage or what.Any techniques for finding motivated sellers in default or divorcees looking to sell?

You can add clauses in there, just that the seller is going to have to agree with them, it depends on the sellers motivation. good luck,

Whats wrong is me sitting here, trying to get my partner motivated to get this going

This should allow him to get the money he needs to move but also motivate him so that I don't have to deal with him deciding to prolong his departure after the closing date.