While you are driving track your progress on the map with a highlighter, so that you will be sure to cover the entire area.If you use farming as a tool you will enjoy the benefits of working in an area where you are familiar with the neighborhood, your customers are familiar with your marketing, and your closing officer will become familiar with you.

Couple of things I should highlight:- I have so far looked at about 40-50 properties (probably more) and almost all of them have rents less than 1% of the property price. - All properties through Investment club meetings, friends, etc.- Even if I happen to like one and think about investing on that, I do not have the down payment 'cause none is willing to give you 100% financing.

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Your property will now be highlighted to our members and will be syndicated across the web in our feeds.Additionally, members can elect to be notified of properties that fit certain criteria, and as they are added to the site, you'll be notified in your Dashboard (also where you add your notifications).Stop by and check it out!

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If I were to do something like this, what should I be aware of and what pitfalls should I look for.What he's looking for:Investments in the 30K-40K range (you're welcome to invest more if you like)12-18 month term What he's offering:13%-14% returnPaid out monthly Here are the highlights: -Business is a boutique lender looking to expand capital-Provides short term loans to builders, both commercial and residential-Long track record of success -12-18 month term-Offering 13-14% annual return, paid monthly-Your money would be held in a real estate attorney's trust

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The returns are good news b/c now I can cross off those bad addresses from my list.2) I have gotten 2 responders (actually talked to me) so far out of about 300 mailed letters, and generally higher call volume calling my recorded message (can't prove it's from my letters, but likely given the timing).3) My letter was brief (one page) and highlighted the pain points for tired landlords (vacancies, repairs, late payments, expenses, etc.)Still not yet getting motivated sellers calling me, but at least I'm getting a few calls.