The outliers, in the statistics world we ignore these.Class A - Slim profit, hope for Appreciation bump.Class D - High COCR, but you need to keep repair/maintenance/vacancy at bay.I think its safe to say most folks here have a slight advantage over many who buy a property and hope for the best.

Even better is that if your agent stumbles upon a deal, the chances of you getting it really are slim.

I also had in many cases the horse power behind me to cover the deal if necessary.I could write a book about it, but I doubt anyone could duplicate it because every deal is very unique, the chance of you finding that same situation and implementing my approaches, personality and judgment is probably slim and none.

Learning to find a great properties when the picking are slim, can be a great tool at least it has worked for me on a number of properties.

Kevin Yoo Can you give us an example of the slim deals wholesalers are bringing you?

For some properties, it is simply not worth the time to submit an offer significantly below list price, because the chances of it being accepted are slim to none.For example:- Fannie Mae REOs: I have never seen FNMA come down more than 30% from the current asking price.

You can see people operating on slim margins that come nothing close to that rule.

If they didn't leave a message the chances of them being motivated is slim.

I think I could slim it down to an hour by having people enter their own timesheets and workorders.It's taken a lot of time; there's probably a hundred thousand lines of Perl.

The axiom "Pigs get fed, hogs get slaughtered" is clearly in play there. 50k for a wholesale is ridiculous - especially when you're leaving the investor with such a slim margin.