There’s a wide variety of food, entertainment, and coffeehouses that make East Village a peaceful and pleasant community to be a part of.Numbers: Purchase price = $108,000 Rehab/New Construction cost = $85.00/square foot Upon completion, this house will be 2,150 total square feet = roughly $182,750 to $190,000 ARV = roughly $400,000 to $420,000 How I found the property: We obtained this property from one of our real estate agents who constantly scours the MLS for houses.

I've picked a couple off of craigslist, so I make a point to scour it daily also.  

I will give Melody a call and also have plans to join the SLCREIASince this post I have continued to scour the internet for deals on classifieds and on the MLS and I haven't even come close to finding a property that comes close to the 2% of 50% rule.I had one lead on a 1 bed 1 bath that asked $65k, the numbers worked until I found out an offer had come in at $102KLooks like I'll need more networking and more creative ways to find motivated sellers.Starting to think the SLC market may just be too high right now for easy deals.

We have been scouring MLS looking for rehab flips and have our 1st one closing this week in Canyon Lake!!

I scour the credit report for payment history and for previous addresses.

I've been scouring the auctions, short sale/REO listings on MLS, using realtor contacts, etc. it seems like Southern California is flooded with buy/hold investors who are wayyyyy overpaying and leaving no margin for profit.

You have to scour for them.

I don't know what your criteria is, specifically, but I do know that one of the first things they teach new agents is to scour expired listings for motivated sellers and try to be the one to re-list the property as that is usually when it sells if it wasn't priced right the first time.

Here is the wholesaling forum if you haven't already scoured it:http://www.biggerpockets.com/forums/93-wholesaling

By night, I'm scouring the net looking for my first buy and hold rental property (and my second and my third...).