Wholesaling is NOT the solution you provide, it is the method you use to get them the solution.

He's old school and hasn't made a dollar of anything related to online leads, he's only really done face to face old school methods. 

Do all or most lenders use this method? 

Originally posted by "Primo_Coach":The best deals are found by prospecting and direct mail because you are going straight to the homeowner and have very little competition.What is the best source/method for obtaining homeowners' information in order to target the prospecting and direct mail at owners who are at an early stage in the process?

Giving cash for keys is a common method, but I personally do not like to do that.

I use Rich's method of providing deposit slips.

I've got (I think) pretty high ethical standards, and would want/need to stay away from any aspects of the business that are a bit 'shady' (using illegals for labor, cutting corners on building codes, questionable methods of evicting tenants, etc...)At a higher level, I'm concerned that the glamorization of real estate investing in general in the last few years, and rehabbing/flipping in particular the last year or two (via TV shows, magazine articles, etc...), combined with an overall sagging real estate market (albeit less so in my area), may mean that now is a poor time to get into this biz.

So, what time is spent checking them out, the due diligence, or is it really at a more basic KISS method level?

I luv to recruit bird dogs, my favorite method, they find and bring the deals to me, and I pay them $2,000I specialize in flipping the worst of the worst, houses that most people say shud be tore down.

If the normal methods of renting aren't working, the owner and I will discuss a change in game plan and figure out why we are not able to get the property rented.