Nice I am curious for up and coming developments I Charlotte, how do you get ahead of the curve and claim your stake on them before they are built?

He sounded very guru-y, claimed that flipping houses is "easy", and used the entire presentation as a pitch for a "class" he is holding two Saturdays from now.

I came across a 5-plex in San Pedro, CA. A Rent Controlled Area. Rougher part of town but with a huge 1 billion development starting in 1 year near by. I have only seen the exterior and it looks rough. I'd imagine the...

But at the same time, next year when I'm doing my taxes and need to claim ownership of a house that I'm getting an income from....and I get red flagged and in trouble...that'd suck.

It needs to be done in a professional format, with documentation to support your claim.

Hey guys, we are just about to wrap up on a remodel on our second home that we are flipping, and a home next door with the exact layout hit the market and they claimed to have more square footage than our house.

Sellers want to close in front of a notary with no closing costs...there giving me a quick claim deed only.

Summary:-The industry is saturated-Kool Aid claims are commonplace.  

My rationale is that if we don't like the area/job/etc, I still have a vacation rental I can use to generate some income while we decide the next area to claim as the primary residence.I also have the flexibility of purchasing more properties in CT, which I know better, and skipping the vacation market altogether in FL and sticking to just residential non vacation rentals in Orlando.

The withdrawal noted that I had not accepted the counter offer by 2:30 pm central time, and claimed the seller therefore had the right to withdraw (the original counter offer did not mention a time deadline - only the date of August 19).I e-mailed my real estate agent to ask why the seller had withdrawn the offer.