Door hangers can be effective b/c it shows that you are in the streets and you want to do business.

I would figure out what path will generate the largest profit (or smallest loss) given an amount of effort you're comfortable with -- then do that.Of course, this is something that you should have figured out BEFORE you placed your bid...what makes you think the deals are profitable if you haven't gone through the exercise of analyzing them?

It is not a good choice for a passive investor, but a wonderful investment for someone who's willing to exercise a little leadership.

It's also probably because they are now finally catching up on their paperwork.What I'd like to know however, is how this may effect the asking price of the REO props once they begin to flood the MLS listings?

I plan on putting in $30,000 into my business to start however, if I look to flip the contract for a $300,000 house, all of my capital will be tied up in the deal until I am able to find a buyer or my out clause takes effect, is the idea that you try negotiating with sellers to accept smaller amounts of cash?

Deeds are effective when made, not when they are filed.

In general, I think phone is easier and more effective.

Then, I suppose, it's up to work ethic and execution.I also like the idea of negotiating seller-financed deals on rental properties with lower down payments.Any thoughts on how I can work most effectively?

I don't really pay that much attention to it as it's really not cost effective to spend time to research a $0.99 item.

It must be in writing.Something to the effect,I Bob The Builder do entrust Thomas The Train to carry out all functions required for the successful administration of property located at xxxx), might suffice.Signed, DateNotary stamp goes in bottom right corner.Thats the simple function I used when I deployed at least :D