Question for everyone.

[Kevin Lovill]

When deals hit mls is that to late for a good deal. I been looking for properties and haven't landed anything at this point. I don't k now if I'm to conservative with my bidding or whats wrong. When I place a bid I use the rule of thumb not to have more than 70% of the most recent comps in my deal. Which include closing on the initial purchase, rehab, commission on the deal if I have to list the property, closing cost for the new buyer and then I assume the lowest recent comp with all variable being the same. But, ever property which has been at least 20 in the past two months hasn't went through. I been using word of mouth to promote my business. Also, I'm having bandit signs and business cards made up. What does it take to make a solid deal any advise please. One last thing, on the statement above properties will bought with cash so there's no holding cost and I know some will argue that you have to consider that money as expense somehow but, I don't.