Even if they don't currently own a washer/dryer, they'll want to know that they can install them if if they ever luck into a pair.

When you combine that with uncertainty in the currency markets i.e. the whole issue of the debt ceiling the problems with Greece, Spain and Portugal commodites have become a "Safe Haven" as well as their normal roles in industry and agriculture.

For a safe pair of hands with massive muscle to back them up you cannot compare Memphis invest with any other player.  

We got pre-lim terms and concerns with 4-5 banks and paired that down to the 2 we liked the best and had them give us term sheets.

In the whole rest of the house you don't have space to steal for a washer and dryer behind a pair of doors?

Low interest rates, over supply of currency, inflow of foreign investment money, low employment rate and high stock market prices all drive housing prices to different directions.

They end up paying for almost everything versus a house rental.There is still good value there at an 8 cap and with debt in the 4's you get 15 to 18% coc going in with 25% down.It's not going to last forever so my buyers will be in a BUY position all of 2015.Even foreign investors they are looking at favorable currency exchange rates to the U.S dollar, high caps, and low debt.In 2015 toward the end rates will rise, caps will compress, and currency conversion for many foreign countries will lose value from where it is now.I plan on working non-stop with my clients through 2015.

Once we went off the gold standard, the rules changedThe fed keeps printing money, devaluing currency and in effect inflating asset prices.Gino

If you can find a U.S.A. based property that is a deal even with the 30% markup, then it may be worth converting the currency.  

I spent 6 HOURS for dinner last nite with an 8 course wine pairing!