Hello BiggerPockets family Im sending some letters out to pre foreclosures and happen to be listening to a podcast dealing with pre foreclosures and wondering how the letter of authorization works?

Now all of these properties were distressed and either purchased as a foreclosure, bankruptcy, or medicaid sales.

We purchased some foreclosures for cash in the early 80s  (FHA was 16%)  as 'newly weds' and most involved divorces..  

I know a few and tried the followingDirect mailPostcards Google adwordsBandit signsNetworking with other REI people at local REIAsAny thing else or any clever ideas for reaching:Vacant property ownersDistressed sellersTriple D ownersHard to reach foreclosure lists from banksAny experience or success at the courthouse steps?

I follow two real estate markets, particularly with foreclosures and HUD homes. 

I am a mechanic or engineer- my background is in the construction fields, I owned my owe business for 12 years and lost it all in the last market crash and said I would never do what I did before- now I am at a hospital working in engineering- I do have a rehab but my stamina is a little less than what it was 14 years ago- I'm thankful for my day job but I know its not where I want to be so I feel the pain- the biggest thing you got to do is find the right deal- something your day job can afford ie.. rehab, foreclosure a deal that makes sense- bite the bullet and buy it- you will have to get dirty, do the work your self and don't fall in love with the property, find the best market move for it and get rid of it or keep it as a rental, do it againkeep crunching numbers and looking at properties one will be there for you there everywhereGood Luck!

@Braden Smith @Lloyd Lind @Mike Wood wholesale guy/investor called me today, apparently the other Bienville house owned by the same owner who was in foreclosure is now being wholesaled.

There is a property in our area that is currently in foreclosure and up for auction.

There was foreclosure action against the house but the bank vacated the foreclosure.  

I bought my first flip at a foreclosure auction.