Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

You obviously need to cut your expenses and increase your income in any and every way possible so that you can stay afloat.Get rid of fancy cars or even two cars, cable, and any other luxuries is the first step.

When purchasing a short sale..pay close attention to the approval letter...if you wrote the offer in the name of the LLC then the approval letter may state that you must vest the deed in the LLCSome approval letters don't specify and you can close in whatever name you want.The lenders don't have the luxury of specifying who can purchase and who can't....LLC vs.

I also come across nice homes with acreage or luxury homes that did not quite get finished by the developer (no driveway, walkway nor outside lights).

We look forward to contributing some high quality content on luxury real estate marketing,our expertise, for BiggerPockets Article Directory.

You can visit prehistoric landmarks, sail into hidden coves, admire picturesque bays and the typical mediterranean scrub that grows luxuriant and spreads its scents all around.

Here is a clause I have in my assignment contract:Assignee agrees to stand in the place of Assignor, and agrees to indemnify and hold harmless Assignor from and against any claim or action which may hereafter be brought or asserted by Seller against Assignor arising under or by virtue of the AgreementThat should be sufficient protection against any litigation that comes across your way.Although I would have an attorney look over any clauses in your assignment contract to make sure they are in line and legal and maybe ask to see if there is a clause you can add to further protect yourself.

Its ecosystem has been preserved intact in virtue of the difficulty in landing that over the centuries have preserved it from anthropical development.

And I also have about 300k that I 1031 exchanged into a TIC (an interest in a luxury apartment).

I know with new construction costs a lot of investment groups can't not make money with low rent apartments; so a lot of apartment buildings that are being built are luxury based.