Could someone advice what all should be included under the term "operating expense" and are there exceptions to this rule?

(I have also posted this to another, similar forum -- I hope that doesn't violate the rules here.)

A land contract can be better for sellers in many states as the rules are more flexible (eviction vs. foreclosure process in some states).

They might have business rules that require the listing to run for X days before accepting anything.

Are there different rules for that, b/c I doubt he wants to stay with some old lady... etc.

According to the 2% rule we should only be paying $310k.It is going to be very difficult, if not impossible, to find a deal that will work here.

If you've ever assigned one... please share with us how you did it... especially if you're in California cuz I know preforeclosure rules vary by state.

but the seller can always counter or just downright reject it.as for your offer(s) - as a wholesaler, you're going to have to play the numbers and put offers on properties that you at least can acheive one of the following:1. justifiable comparisons that warrants a low offer2. accomodates the sellers needs (you need to know what they are)3. meet the criteria for buyers on your buyers list.additionally - DON'T WRITE ANY MORE OFFERS. consult a real estate attorney and a real estate agent (buyers representation).

The state has a few specific rules that do not really exist in other states.John Corey

:Welcome:Check the forum rules before posting too much about what you market.As someone who focuses on marketing do you consider image very important?