this is a real estate site.. and that is a real estate term in Aussie land..

I'm new to the site and I'm contemplating pro status.

Please site where a seller reduced the price to an agent and did not not pay a commission was rules a taxable event ?

As I understand it, there used to be an on-site management company that operated some of the units as a condotel. 

The main challenge with some of these are the dimensions of your lot and configuring the site to allow the minimum stacking of vechicles.Depending on your use, a 5000 sq ft building may be tough to fit in this size lot when looking at how much parking you want/need, building setbacks, landscaping setbacks etc.   

Week of 8/11 - 8/17:Accomplishments:- Received PUD approval for 135 SFH site in Leesburg, FL.- Received an offer for one of our new construction homes in Palm Bay, FL.- Completed a 7-minute speech at my local Toastmasters organization. 

Also although I have learned all the foundations of REI here on BP it is a US focused site.

It's great to have experienced folks join the site!

For illustration purposes I am completing site work in advance of vertical construction on two parcels directly next to a single family home I’m renovating.

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes all property types and price ranges.We're observing the typical seasonal slowdown in prices and inventory that starts in July because fewer people are buying properties and moving as school resumes in mid-August.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had a slight drop MoM ($1.19/SF vs $1.20/SF).