I love this business and I'm always trying to get different perspectives especially when it comes to valuation techniques in a HOT market. Just out of curiosity when in a sellers market, are you guys and gals using 70...

When I asked about the baby's formula and he talked about a brand only found in South America, I knew he was not local. 

There is no formula based on list price that tells what you should offer.

I use a very simple formula to estimate if a house is worth a look.

All ideas and formulas/parameters would be greatly appreciated.

Within the next week my brother heard an advertisement on the radio about "The Flipping Formula", from Dave and Pete on the show on A&E.

Once they dropped the price, the percentage of the list price they were willing to accept increased again.This is likely why the minimum net didn't change...the percentage of list price certainly did.And as stated above, HUD acceptance is based on formulas, not an asset manager who has authority to make a decision.

It breaks down the actual process and formulas and is very minimal on the "motivational speeches" that so many of these books seem to fill their pages with.

And while getting advice is great, don't get in your head that there is some secret formula.

I’m really looking for some ideas on how to market the home ( what websites ) , a realistic deposit (or a formula to calculate one), and how to filter out the wrong tenants.