i dont know...i do know at $300 it still makes damn good cash flow...the property is still marked active and not UA yet...but i have a hunch its going to be foreclosed onim also not worried about having an empty apartment, thats part of the game...in my market i can fill these 3 or 4 bedrooms in this neighborhood very fast even in the winter, they are way above average units...if i can get it at $300K- great if not o well...im not planning on getting this one, bc there is another (supposedly) offer that is higher...there is a chance the realtor was pulling one on me, but from the start i said i'd go to $300K, therefore i started at $270K

I have a newspaper ad in the paper 365 days a year; I have signs at vacant rentals; and I'm on the Section 8 list (as well as lists from other government agencies).Mike

Hi Sarah, As an investor you'll be tracking local market indicators, neighborhood pricing trends and of course properties.

If done right this helps people who do not currently ave the ability to buy to own a home... and when I fix up an EYE SORE home I help the neighbors and provide a good rental or owner financed home for another family.When I work with the "infill" development , we take unusable homes tear them down and rebuild brand new duplexes to rent to affordable housing needs (sec * and FEMA) and sell the Duplexes to investors that are like minded and want to better a neighborhood while they invest...I think I can some up Investing in real estate in " Instead of just making Money..

I've got a nice place Santa can rent -- he should fit right in since no one else in the neighborhood seems to work more than one day a year........

For example, our loan is an ARM & our house was appraised at a higher value than similar homes in the neighborhood were selling for brand new at that time.

its simple to find them in the newspaper or posted at the courthouse, but no one in my county will help me out before that process.

I've tried gifts but it didn't amount to squat, although I have one tenant I bring over free fast-food coupons from the newspaper when I go by to collect rent.

Get a feel for the neighborhood.

Direct marketing,online ad sites and your local newspaper are great to market for deals.