Lubin PM, and Poplar PM.We will never invest in minority cities or neighborhoods again, ever!

Notice Requirements for Foreclosure in LouisianaThe notice of sale is personally served on the borrower by the sheriff, and published two times in a newspaper in the parish where the property is located.A borrower whose foreclosure action is brought under executor process receives a three day notice upon default.

If the numbers work, I believe its a great approach to your business.I know many landlords that have rentals in their own neighborhood.

If I look to neighborhoods on the next "quality" notch above those I've been buying in, the houses that I could get $800 a month rent on would cost more like $70-$90K instead of $30-$45K.

My very lazy and not very encouraging roommate hates walking the neighborhood with me :mrgreen:.

But I need to have a more realistic opinion of what houses in one neighborhood rent for vs a similar neighborhood across town.

I walk my neighborhood daily and end up with a list of 10 more houses that are either: abandoned, realtor for sale, condemned.

I think it would totally depend on what type of neighborhood your property is in.

In addition, sometimes there is a waiting period so owner-occupants can bid first, but the crooked investors are snapping them up also..Depending on the neighborhood, we are having now to big over asking most of the time.

I didn't find a single abandoned/obviously distressed property but more importantly I realized that is not how i want to spend my time.I want to spend my time doing ABC:ALWAYS BE CLOSINGSo I need leads coming to me.Current ideas/strategies:-Posting craigslist ads, offering $ for the location of these houses(some upfront, or perhaps say $500 if I close the house) -awesome bc it's free-Posting in newspapers-Remnant time on the radio-Also bandit signs saying "buying houses for cash"and to take it further, billboards (I recall seeing one that said "I buy ugly homes" years ago, now it's very clear to me lol, that would require capital though.Share your best ideas especially ones you've had a lot of success in: