I had checkbooks from 2 different banks in the purse, so after calling the credit card companies, I called the banks.

I started with a $10k credit card and No Bigger Pockets!!

Deal Type - WholesaleDirect mail Post Cards to a list of absentee owners from ListSource.comA to B = $2,500B to C = $12,000Not a bad spread for my first deal aye?

First its all in teh list and the more targeted the list the better the results.So a list that targets all home owners is going to not do as well as a list that might target something specific like:Out of State Owners - where you might get people who have moved away or inherited a house they don't want or burned out landlordsUnpaid Taxes - where people are in financial difficulty and going to loose their house to unpaid taxesOwned for a Long Time - where the people might own free and clear orHigh Equity Owners - again free and clearOr even other lists that you might build yourself -Expired MLS LIstings - people who want to sell but did notNOD - people who are have received a notice of defaultLate Pays - people late on their mortgageGarage & Estate Sales - people moving out of their houseAs for a good letter, I have recently used a yellow letter company for a simple I want to buy your house and they make a "handwritten" letter on legal pad paper, fold it weird to put in a thank you card size envelope, with a "handwritten" address, and grandmaesque return address label.It gets opened more, but we do get a lot of calls with people saying they don't want to sell or that we should say we are a company.We tested the straight Dear Mr Jones, we want to buy your house at 123 mainstreet with out our company name or website, just to call us . . that generated more calls than the letter that just went out that added in that we are an investment company and they can call or visit our website . . . can't tell if the results were much different.And personally, you can get all kinds of results, but it comes down to it, you want the motivated people to call you and those people are going to find you letter or not - if you have a website.

I have heard much talk of multi family units, and from what I have learned so far, as long as the property is a good buy (that is a big assumption, given there are so many many factors apparently that make it a positive cash flow investment), as long as credit isn't horrible( I plan to lower my credit card utilization to 30%, possibly get secured loans in the meantime), and you have a promise of employment for the foreseeable future from HR upon graduation.

Their site is here: http://www.meetup.com/Real-Estate-Investors-of-Kil...I've been several times now as a Realtor in the area, and its been a relaxed bunch and good conversation about local real estate and investing.I have a fourplex myself in Killeen - when I was still active duty, I did the same thing, and bought five homes before leaving (two with the VA loan - you can actually use it twice).I wish I had just bought fourplexes - they are more work, but they pay! 

Heck, for $3,000 you used to be able to write a visa check and then roll the balance to a zero rate card every 6 months.

Go meet the neighbors and let them know your plans, give them a card, and welcome their call if they ever see something they don't like.If there's a lot of preconstruction clean up, then I go to Home Depot and get enough laborers, tools, and materials to knock it out in a day.  

We take our documents to our attorney who specializes in landlord-tenant law.)Attorney Fee: $500 (flat fee for members of the Clark County Rental Association, includes everything from paperwork to court representation)Filing Fee: $197 (with the Clark County Superior Court)Service Fee: $40 (process server hand delivers package of five court orders to tenant:  Complaint for Unlawful Detainer, Motion and Declaration for Order to Show Cause, Order to Show Cause-Unlawful Detainer, Eviction Summons, Payment or Sworn Statement Requirement)Court: Fees covered by filing fee...our attorney and our tenant appear before the judge, resulting in a judgement in our favor, court issues: Findings of Fact and Conclusions of Law, Writ of Restitution)Writ Fee: $20 (Sheriff delivers/posts the writ of restitution and also written instructions for the tenant to follow outlined in layman's terms).Sheriff Fee: $85 (Sheriff is at property for one hour while we empty the apartment).

Wait 30 years and then put that picture on a business card.It seems many agents who have their picture on the business card use the best picture from a long-time ago.