After combing through a number of different posts on marketing strategies, I have come to some sort of a conclusion: yellow letters have a relative high response rate with high probability of unmotivated sellers, and postcards lead to low response rate with more motivated sellers.This being the case, I have decided that I would like to go the postcard route.

My advice to him stands and the only other thing I might do would be to suggest to the tenants that they open an escrow account to take care of this; it's my suspicion that they will not do it, but at least he can make the attempt in good faith.Also, I'm curious about what sort of a "potentially giant lawsuit" he may be open to?

Underwriters have all sorts of ways to find property you own even if you have a private loan that does not appear on credit.

Getting freed up from the basic grind of paying for overhead is my most important goal, and then all sorts of possibilities - many of which it's not even possible to know - will open up.I like Nobel Prize Winner Muhammad Yunnus' idea of making your money and then using the same entrepreneurial skills and your new-found free time to start social businesses whose ROI is on solving social problems AND dollars.

At this point if I can eat from real estate I will be happy ... before I am thinking of making the "big bucks"or thinking I'm some sort of "analysis or numbers prodigy."

And I can sort by this column with a click of the mouse.

Better to spend that on some sort of marketing to kick start your wholesaling business.

Sundeep,We seem to be kindred spirits of sorts, as I have been through the same analysis over the last couple of years, not to mention we both live in the best place on earth!

My other tenant works purely on commission (and is not on any sort of pay roll tax).

What sort of CoC or cap rates do you look for in B areas in KC, by way of comparison?