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.

Please limit bulk REO discussion to the bulk REO forum, only, and follow the rules for posting in that area.

The reason I chimed in on this post was because I have seen people have consistently terrible results, when they let emotion rule their investing.

Then you hold the property for the long term.If you do some reading here, and you certainly should, you'll run across the "50% rule".

Offering 60% of list is not realistic at this point though I would try if you have the time and your Realtor has the patience.They will list it as such for the first 30 days (as a rule).

I'm looking at a sweet rental property deal (forget the 2% rule, this is a 6% SFH).

Is anybody familiar with the rules for Firstime Homebuyer Loans. ??

As a rule, we advise tenants that "normal" pest control is their responsibility.

Anyone know the rule in purchasing a property in Vietnam?

They will have bendable rules.3. comm broker Try to find a national one if you intend on leaving your area to buy in the future.4. title company (unless your attorney handles title work and closings)Ask for a rep and build a relationship, they can do a lot of leg work for you. be sure they do double escrows as well.5. savy accountant Make sure he/she has other investor clients.