I Submitted a bid on a Hud property, I won the bid and I put earnest money up and now I have it under contract.

HelloI was listening to a Cody Sperber video the other day and he mentioned that typical marketing methods wholesalers use are outdated ( bandit signs, yellow letters etc.).He said that potential sellers see multiple bandit signs, MAY receive sever letters or postcards from different wholesalers, and listsource and others of the like are selling the same lists to different wholesalers.Do you think these methods are still working today?

This could save your business from catastrophic loss should something bad happen.You can check out their website, or search YouTube for Clint Coons and watch some of his videos to see what they're all about.

Take massive action.I did a quick video about this before I spoke at an expo - watch below!

An agent needs to have a great rapport with other local agents, especially when submitting offers on your behalf.  

You must take risks, but, ensure that they are calculated risks.Below are some links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/rules https://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

So am I reading correctly that the transaction would be done with a $1 sale on the deed and a statement of value submitted when the deed is recorded with the loan amount as the value? 

Ok, now that you have taken your initial step, below are some quick links to get engaged.Congratulations on your acquisition and welcome to the world of landlording.Below, are some links to review while waiting for feedback on insurance quote.https://www.biggerpockets.com/renewsblog/2013/01/27/tenant-screening/ (Landlord/tenant screening)https://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (how to rent your house)https://www.biggerpockets.com/rei/pay-rent-online-payment-tools/ (Online rent payment)http://www.biggerpockets.com/renewsblog/2012/12/09/how-to-be-a-landlord/ (How to be a landlord)https://www.fanniemae.com/content/tool/landlord-guidance.pdf (Fannie Mae landlord guidance) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

At BP, not only can you network with other investors, you can also get great information about real estate including free online courses and videos for you to watch and learn from.

There is an additional fee to submit your licensing application, sit for the exam, then obtain the required background checks.