@AliBoone I liked your article, you were very straight forward with the idea that people do it to sound cool, I think for the average starting investor, thats the primary reason.I've been in media sales and sales management my entire life, when you have a new sales person, they normally fall into or close to one of two catagories.1.

There were only three of them that had sold, so I averaged the numbers together to get an idea of what their condo would be worth.

So an average 2 family acquisition could be for $80,000 and need $50,000 in repairs.

Seems like I shouldn't waste sending mailings to these addresses then since they are owner occupied - no more motivation to sell than any average owner.Also, you're right - no need to have the list perfect, just get the letters out.Thanks!

A couple things from my perspective: TX is a very low barrier to development state especially compared to CA and even the geography is wide open so the danger is that developers will just move a mile down the road and build new product to compete with yours if good employment is headed that way.

Make sure you don't by an expensive software program to do this.There are products sold based on saving mortgage payers thousands of dollars.All you have to do is what Steve said above...and it is free!

My plan is to be an MREI.It takes a lot of time and effort to be a productive REA and I think the opportunity cost is more than I'm willing to accept.

Oak Park (again, my opinion as a former MI girl) at $1600/mo should have a better than average kitchen.

I've averaged selling about 140 per year since 2009.

Best to move on to better more productive opportunities.