The property is on a remarkable block and the units really are fantastic - we've taken great care in choosing finishes and upgrading many items.

I bought it in 94 for 27k and I have an offer on the table for 3 millon with a water fall... of course the fires did not hurt.. extreme need for what we have which is a property that is mixed use resi..and I have other larger parcels I optioned 10 years ago in Oregon ( crazy I know in the depths of the recession LOL) but looks but they will all be 10 to 20X returns.. but huge huge HUGE risk for sure.. on one we are in it over 1mil in cash... .and of course no revenue.. so for me its diversification.Performing notes for safe and steady.build new construction for nice hits and take adavantage of market.. we are building in Oregon and Charleston both uber hot.land plays in CA and Oregon.. and lastly moving to Vegas to get out of paying state income tax.. that savings alone for me personally will pay for my new home there.. so more of the same in 18 I listened to Bruce Norris opening remarks at Oakland in Oct.. and was pleased that I do basically exactly what he does and he is very top shelf investor made me feel like I was doing something right.

Have your listing agent obtain the correct verbiage from your exchange agent for your state and include it in the agent-to-agent remarks, specifying that the 1031 text must be included in the offer.To fully defer the capital gains tax on all the proceeds, you must reinvest all the proceeds from the sale into the replacement property.If there is existing mortgage debt on the relinquished property, it's important to consider how it will be handled during the exchange.

I have been here quite a while and have seen many new members chased or scared away from overly condescending and or attacking remarks from posters.

To echo what others were saying, only licensed real estate agents/brokers can usually access MLS (but varies by state, I assume), and in our private remarks, it often tells us what type of listing it is (REO/Short Sale, etc).

This site is truly remarkable.

When I don't see where they are, my remarks will be more vague, or they will get the old "it depends on your state laws".

Consult an attorney if you have legal questions.With the disclaimer out of the way...(1) Make sure your contract clearly communicates that the buyer is obtaining equitable interest and may market the property on the MLS by representing its own interests and not those of the owner of record.(2) Make sure it is clear in the listing remarks that you are representing your own equitable interest and NOT the interests of the owner of record.(3) Once the buyer makes you an offer, you then have to decide who is going to counter sign that contract...the original seller or you?

I have visited sites, and I have spoken with a couple of managers and each one's price and initial fees are remarkably different than the other.

Make sure you read the remarks in the listing (the remarks may give you a clue as to sellers motivation; seller motivate, must sell, short sales, needs work, seller financing, will trade, all offers considered, and look at the DOM - days on market how long as this building been sitting on the retail market, what's the problem (the problem is most all the time it is PRICE!