https://www.biggerpockets.com/blog/wp-content/uploads/2018/10/The-90-Day-Challenge-Workbook.pdf

If you go the Pro Desk at Home Depot or Lowes and place a large order (generally $2,000 or more) they can provide savings of 5 to 10%.Another trick is to go to the Post Office and ask for a 'Moving Packet' which generally has 10% off coupons at Lowes.I've also found deals on Amazon for door hardware & fixtures.

At the same time: https://www.irafinancialgroup.com/wp/is-a-solo-401..."

I am mailing the owners primary addresses that are on title, SFD, and MFD with blatant deferred maintenance, vacant buildings, undeveloped land and owners with reasonable equity in the property.Here is my cost breakdown,Postcards: The lowest price I found thus far for custom postcards is VP, 5000 cards for $180 + 20% off coupon code, "THANKS20".Stamps: Canada Post's 'best price' is .41 cents per piece for small business personalized mail.Total: $2,194+Yellow Letters: I'm waiting to hear back from inquiries sent to printing companies.

As soon as they see a coupon style postcard, into the trash it goes.

It's basically overly complicated coupon cutting, which also works.

Here's a list of the presenters, so you have some names at the county offices: Eric Brescia of the Arlington Housing Commission  Allison Cook, Commercial Fast Track and Residential Plan Review Supervisor, Inspection Services Division; Community Planning, Housing and Development  Blake Bowen, Associate Planner (Assistant to the Zoning Administrator), Arlington County Government | DCPHD, Zoning DivisionAnd a link to their presentation:https://arlingtonva.s3.amazonaws.com/wp-content/up...

From the numbers I see it looks like doing this lets you clip the coupon over time at a very good rate.

So there is no cap rate.. and this is something that was pointed out to Joe many times it is simply interest income.. and since these CA investors sell the home for a farily hefty margin for what they paid for them they are making a greater return than the coupon interest rate.. so the investors are making interest income not Cap rate because they are note holders not owners.Now were the debate came in what form others on the forum pointing out that much of this is probably predatory lending and there are dodd frank and safe act issues.

I would say the concerns about this coupon are simply unwarranted.