Posted by Doug Pretorius on September 07, 2003 at 16:40:25:
Ads for L/Os placed by realtors or sellers? LOL! Those aren’t deals for investors. Those are like the ads YOU would be placing for T/Bs.
As an investor, you need to get L/Os with nothing down, below market rent, and current prices (at most). Trust me. My first deal was an L/O with a tired landlord at 20% below market rent and 20% below market value. I guarantee you aren’t going to find a deal like that by calling L/O ads.