If you go with this strong cash flower AND you have a long term outlook, THEN consider improving the odds of the neighborhood improving over time by becoming an advocate for the area surround your investment.

It's also probably because they are now finally catching up on their paperwork.What I'd like to know however, is how this may effect the asking price of the REO props once they begin to flood the MLS listings?

I plan on putting in $30,000 into my business to start however, if I look to flip the contract for a $300,000 house, all of my capital will be tied up in the deal until I am able to find a buyer or my out clause takes effect, is the idea that you try negotiating with sellers to accept smaller amounts of cash?

Deeds are effective when made, not when they are filed.

Seems like many of you here advocate presenting yourself as the "property manager" rather than the "owner" of properties that you self manage.

Then, I suppose, it's up to work ethic and execution.I also like the idea of negotiating seller-financed deals on rental properties with lower down payments.Any thoughts on how I can work most effectively?

I don't really pay that much attention to it as it's really not cost effective to spend time to research a $0.99 item.

It must be in writing.Something to the effect,I Bob The Builder do entrust Thomas The Train to carry out all functions required for the successful administration of property located at xxxx), might suffice.Signed, DateNotary stamp goes in bottom right corner.Thats the simple function I used when I deployed at least :D

How do you effectively qualify a buyer?

So to go one step further, The key to closing is just finding the best investing strategy that fits the sellers selling situation and effectively present it to them in a way that's basic, explains why it works for them, and feeds their ego when they ask themselves the question "What's in it for me?".