Well I went to an auction yesterday. It was interesting in so much as there are a lot of people out there with a lot of money. Every property that looked half way decent was over bid instantly. Everyone seems to have long term goals as it will be hard to get any profit off of a rehab bid as high as they were going for. Today I went to see a property in Springfield. I put is a verbal offer which has to be approved by the bank first. Once it is cleared we can write it up. I am very actious bout it. It seems that every time I find a building I am interested in at what I beleive to be a fair price. I get out priced or I just miss the boat. My offer is lower than asking but I beleive it is fair. Now the questionm is will it be accepted and if not how much higher should I go? Since the offer is verbal and the other agent will not give the offer until tomorrow morning I still might offer a little bit more. Just to seal the deal.