Originally posted by BryanA:hm..interesting..i've seen more and more of those signs on the roads in the past year or 2 for cheap mattresses and furniture...i always wondered how they could be making serious money selling a queen for 150 or whatever it is...We advertise the queen pillowtop for 150.

We won't do it.If we still want to pursue private lending through individuals, we have to advertise to strangers, and in order to do that legally, we must register with the Texas Securities Commission.

MLS is not the end-all be-all and even with the added exposure, you still need to market your property aggressively and be prepared to respond to the market in terms of realistic pricing to get your property sold.In addition to craigslist, postlets, etc. you can also try Facebook ads, single-property web site for your property, and Google Adword advertising.

So wholesalers use a realtor that is good with finding investment real estate...okagain, an agent is not necessary for a good wholesaler....if an agent is sending you deals, chances are that i or anyother investor can get those same deals emailed as well....you need to create value by finding deals nobody else knows about...i dont' mean to come down hard on you, but it seems a lot of people (especially around my area) just find a cheap foreclosure, and then advertise it on craigslist for 3k more than it's on the mls for...what did they do to earn that 3k?

Problem is, IMO, that when you try to "work" systems or follow a specific investor strategy, most people will get tied up in a system rather than just keeping it simple and offering it to anyone at a set price.I have sold properties that really were not advertised (or options) I was motivated because I didn't want them and had better deals burning my time, whatever, point is my price was, under those circumstances, never the market value, it was a market price or strike price.

For me a sign in the window of the property and word of mouth advertising by friends, family, neighbors and of course yourself seem to provide the results desired.

Just remember to factor in ALL the additional expenses if he decides to leave if you go up, don't forget your time leasing it and advertising it.

I've advertised on Craigslist about somebody mentoring me in wholesaling but haven't gotten any responses.

Go to TNG group, they advertise as hard money lenders hear, go to radio broadcast, you will have enogh to digest, it is good information for southern cali.

And these would be money from friends so I am not soliciting or advertising for it.I believe an easier way to probably finance my first couple of projects would be to start a Joint-Venture where everyone puts in capital at the start.