I have been investing for , well lets just say a long time , and have a system that will have your phone ringing off the hook with motavated sellers for pennies :superman:

If you have a property picked out take photos of it, get the tax docs from the courthouse and draw up your income/expense estimates for the first year and show how you will make it work.Place COPIES of all of these papers in a 1/2" three ring binder that you can give to your banker and leave it with him.If you have a good well thought out plan and good credit you should be well on your way to getting pre-approved for your investment property.

Hey all, I have become a pretty busy REO Broker here in NJ and am up to my ears in GMAC defaulted properties being listed across the great state of NJ.

Once you’ve begun to establish yourself as an expert in your field your phone will ring more regularly.

Seemed strange.....but oh well.......several months later the phones started ringing from neighboring tenants "what kind of place did you rent to?

Their phones aren't exactly ringing off the hooks with people wanting to buy a home right now.

It does not matter if you do not know what Luan, or a ring shank nail is, Google it, and learn as you go!

If I don't live up to my end of the agreement you boot me out on my ear and you get the property back.The deed never changed hands -- you were holding onto it to make sure I did what I said I would.

Our phones have simply stopped ringing (luckily we are booked out fairly well through the end of the year, but what happens in January?).

My question is where is the best place to spend that little money I have to get my phone ringing?