My first direct mail campaign begins on Saturday so I expect an influx of phone calls beginning next week.

As a CPA, I make complex things simple and simple things complex.I have a formula of Square footage x avg SF rents (Avg sf rents is from phone calling Sunday ads)(Since I only buy close to downtown (e.g. yuppies) I add $100 on top of this)Less PITI -Principal, interest on 10-20% down on 15yr mortgage -Taxes, insuranceLess depreciation=tax income+ depr (add back) - principal payment (deduct)=cash flowMy "business model" is net $200-300 per house (yours can be different)Agree w prior posting that debt service is arbitrary re 15 yr vs 20 vs 30 yr; % down; etc.I have a very successful friend who never pays 60x rent.

Hello all, My first mail campaign begins this weekend so hopefully the phone will start ringing shortly there after.

Just got off the phone with the agent.

I've driven the area and have met with a couple sellers who mention over the phone one ballpark price.

More than pretty much any of the other strategies, so just like with any marketing campaign you should know it's the marketers job to get your phones ringing, and nothing more.

I get silly phone calls and usually take care of them all while reminding myself they are paying me over $12,000 a year to pay for the house and repair it while my wealth grows.

If you use your own phone, thereby not using their equipment, you get to pay more!  

Does Skype provide a phone number that people can call, or is it outbound only?

This could have been a big pain for me, but I was able to find a connection with one quick phone call.