Welcome aboard Nick.Look around then let us know if we can answer any question for you.

I'm not sure if there is an answer to dealing with people leaving the utilities on, but unfortunately, you're going to have to deal with that.

Also - to answer your question, the retail value for this house is around 350k so I am getting it right around retail value - but even at that, am still managing to make a profit.

Mike, have a look at this thread: http://www.biggerpockets.com/topics/21921Thanks Wheatie, that answered my question.

Actually answered a question that I had as well.

Lately it feels like I've been placing offers on properties and sitting and waiting forever for an answer which is usually "they are probably negotiating another deal so we have not gotten a rejection, counter or acceptance" yet.

That's why we have the forums . . . so people don't have to go looking everywhere for answers.

we are starting to spread our wings. and want to know how our american cousin's are fairing during the credit crunch.please dont jump on me if i dont fully understand the terminology you use for property.hoping to make some friends and if i can help you understand the market over here a bit better please feel free to ask. if i dont know the answer i will find somebody that does.Best RegardsLes

Then go back into the archives.IIRC, many people who have sold recently have taken a huge cut from their listed/hoped for price.I won’t rain on your parade by answering your last question generally, but in my two cases, as I said, on the first, 30K less than lowest expected market sales price, I moved into it.

That's why you test and try to apply some metric that gives you the answer you're looking for.