I got here knowing it takes about 2000 pieces of mail to generate a deal.

Might I suggest you kick that up a notch though.

Shouldn't there be a piece of software where you can just input some of the details of the property and it gives you all the analysis and metrics you need to decide if it will be profitable as well as how to keep it profitable (What-if scenarios)?

Try to switch up your mail piece, this will not only give your mail campaign diversity but also allow you to reach more leads.

A few questions... maybe another piece or two of the puzzle will fall into place. 1.

Here it is ... feel free to print and check off each item as you go along.Biggest pieces of advice to you: The most costly expense is a bad tenant.

I see new condo's being built on every little piece of land available and am concerned this will lead to over supply.

I'm also hoping to take some online classes on real estate investing and real estate law through the local community college to help with the learning curve, while I simultaneously piece together my team and business plan.

I offer the furniture for sale, some have bought pieces...at double my cost.

As an example, we've sent out roughly 6,000 pieces of mail.