I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?

These are not investors buying, these are people like you and I who have normal jobs and are just looking for a place to call home.Salaries aside, you didn't even address any of the other issues that I mentioned also play into the cost of housing.

When I started out, I drove through neighborhoods looking for vacants and wrote down addresses and info on about 100 houses.

Partially because of the lack of punctuation and convention grammar, nobody seems to addressed YSP's basic question which is "who sets the value of these homes?".

Evidentially they are suppose to be pretty effective.From the beginning of my RE career I have personally addressed and signed every letter I've sent.

For another thing, government intervention (that just seems to keep coming up) often has exactly the opposite effect.

Anyone know his address so he can be served?

There's really only one rehab/flip market right now and that's rehabbing rental property to flip to rental property investors which means COST EFFECTIVE rehabbing - not pretty rehabbing.

(they must not have gotten an address change memo from the dealer)In addition to all that, if you're in this business, it's very easy to accumulate a bunch of enemies and you never know when they're going to go postal.

While it is effective for building a mailing list, it sends me running immediately.