http://realestate.aol.com/blog/2011/09/22/watch-ornery-neighbor-scares-off-prospective-buyers/?

I use it for showing prospective buyers.

Here is what DRE states: You need a license if you "Sells or offers to sell, buys or offers to buy, solicits prospective sellers or purchasers of, solicits or obtains listings of, or negotiates the purchase, sale or exchange of real property or a business opportunity."

Call them and prospect to the farm.3 - Door knock the addresses.

You have to keep prospecting for properties and making offers because chances are you are going to lose a lot of bidding wars.

i would get in touch with a realtor to see if they can provide FMV of units of similar type in the area and also what rents are going for. i wouldn't trust zillow since i think they pull the value from the tax appraisals which can be far off at times.as far as low income neighborhoods i wouldn't let that deter you from investing in those areas. some of the sfh's in the low income neighborhoods that i have are out performing the ones that are not. i would talk to neighbors, drive by at night, or pull crime reports to see what type of activity goes on in the neighborhood.

I'm familiar with the area somewhat since my wife is originally from there but have not done proper research YET on real estate investing prospects.

I like the idea of getting a quarterly return on my investment, but I am more interested in the long term prospects of the property.

When you usually get paid 3% to prospect for the buyer and negotiate, how much do you get paid just to do the closing?

We also have another property on the market and hope to have it under contract this week; the prospective buyer wants a garage built which we are considering doing.