It takes the shills and the "reserve price" and a lot of other b.s. out of the equation. 

IF you can find a deal that has an acquisition +rehab+Holding costs that equate to less than 80% of the ARV, then you TRULY have a good deal on your hands. 

LOLI dont think most people equate an investor who buys with their own cash closes and then resells as a wholesaler to me I think we all equate that to being a true investor.I think where this thing gets muddy  is when wholesaler say they are going to buy but really dont and never do..

Before I go into optimization changes I'm going to address how to figure out YOUR numbers, and what YOU should be hitting.This is all a math problem and you just need to figure out your equation with specific metrics.Do the math.

When you mailed this person, to him/her it is an invitation for a conversation and that equates to their One Thing - yelling at you.

Hi Jibu - Although I don't have personal experience in the Philly market, I've seen that bandit signs or a saturation of bandit signs don't necessarily equate to an over saturation of direct mail marketing.

So here's a simple equation that will eliminate some of the super technical arguments.If you complete the purchase of a real property, then you are an investor.  

and no doubt you could do a deal here or there. but to equate to the large wholesalers ( which by the way are all licensed brokers )  they are like any other well capitalized company .. you need a lot of capital to get to be a top producer either an agent or a wholesaler. its all sales at the end of the day.so I think its very big disservice to many folks to promulgate this myth that no money is needed and your going to be a rock star.. and then the guys that get you to put 20k on your credit card because they are going to teach you the secrets. there are no secrets.. you have to make contact with a motivated seller and you have to have staying power and marketing money..  

I'm wondering how much $ this will actually equate to over time.

@Dennis Pressey Jr I know it works, I just hate it personally from all sides of the equation