Hi Debbie, I agree with both Thomas and Mark on this. Older homes will work, especially if you can buy creatively! Another suggestion you can try is getting a few pics of the property (with the Seller`s permission) and posting on kijiji, craigslist, any other well-viewed rental website and...

Congrats Jim! It`s nice to see you have received your "shut up" cheque! We are in the process of buying a property, acquired due to our yellow letter campaign, in Nanaimo with $20,000 of equity in it. Sellers received our letter, have a very specific timeframe when they want to move, and didn`t...

Godfried, Thanks for sharing your WOW (words of wisdom)! Too often people get swept into the hysteria of not only real estate investing but anything that will make them rich without having to work for it. We tell all of our readers that true real estate investing is about building wealth not...

Hello all, Great updates on the yellowletter campaign and patlive! A brief summary of what we have done and what we`ve found: - We have mailed 4,000 yellow letters to postal codes in Nanaimo (why don`t we have targeted lists in Canada!?!?) - Letters were only mailed to addresses where we had...

Vitaly, First off all, congrats on finding this "potential" prospect. It may turn out that the Seller is a Prospect but the property is a suspect! One way to "test" this is to do some marketing of the property to see if there is any interest either with a private sale and/or as a Rent To Own...