The gas dryers are more expensive to purchase in the first place, and aren't even in stock so a few days of extra lead time is needed to buy (assuming you buy new - I did that for the house I live in).Why can't you just have a 220V/240V line run into the area where the dryer would sit, so that an electric dryer could be used?

Hey Guys -Apparently today is Community Manager Appreciation Day 2012 and as such, I thought we should give a little appreciation to the man who makes it all happen, our lead moderator, Jon Holdman.

Hi,I've got a number of quality leads from my corporate job.

This will lead to many benefits.4.

A sturdier railing on the steps leading into and out of the unit would be good.Since you suspect that this tenant could very well be a long-term tenant, simple adaptations may pay off in the long run.

Your last statement leads me to believe you're looking to 'flip' properties.

I have not yet created an LLC, which leads me to question 1.

Homes are less than 15 years old in the area and many are only 5 years old.I put a video showing my results and how I used my spreadsheets here: http://dl.dropbox.com/u/59325075/2011%20Example%20Bigger%20Pockets.mp4I'll leave the video up for a few weeks.

Originally posted by Al Elliott:well i know targeting buyers that don't search the mls is kinda rough since most savvy investor with deep pockets have access directly or indirectly so how do i alleviate this situation, especially if its a cash buyer that is an agent as well If your target buyer is an agent (or otherwise has MLS access), you're not going to be very successful wholesaling REOs.As an example, I'm an investor with my license (I have MLS access), and while I've gotten lots of "leads" from wholesalers on REOs, I've never had a lead that:1.

It's based on too many assumptions that may or may not be true, and can lead to both overpaying on a property (to the point of not being able to generate a profit) or under-bidding on a property (to the point of not being competitive and not getting any deals).I much prefer to use analysis techniques that take into account the actual cost of capital for the individual investor (are you using your own cash, borrowing hard money or something in-between), the actual cost of commissions and closing in a given demographic (sometimes the seller will pay buyer closing costs, sometimes not), the actual time you expect a rehab to take (a six month project has vastly different holding costs than a two month project), and the risk on the project (is 15% return enough or do you want 20-25% returns on more risky/costly projects), etc.70% rule is lazy (IMO) and while it's fine for a first-pass analysis, if you use it to make buying decisions, you may find it impeding your success.