A concern, however, if we do a sale, is with the price, as I understand that if I sell at too low a price (say, $200K, give or take a few thousand to pay off my current mortgage), the IRS could assess a tax on my parents if the price is more than 25% below market value. 

There’s a lot of valuable information out there without spending thousands of dollars.

That is why we just offer cash to key even they owe thousands since we all know it is lost money. 

The main reason is people get massively stressed and fear a multi-million dollar settlement and so agree to settle for a few hundred Thousand dollars. 

Painting walls, updating fixtures, or handling minor repairs yourself can save thousands upfront.Consider Your Exit Strategy: You’ve got the right idea;house hack for 1-2 years, then convert the property into a long-term rental.

Land Entitlement is one of the riskiest Real Estate investments for several reasons:1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitable for development.

@Rajagopalarao Paidi My agent has made me hundreds of thousands of dollars both buying and selling.

Great people, great team, and thousands of happy clients over at REI Nation.  

We are not at the stage yet where you should spend tens of thousands of dollars on an attorney filing a lawsuit or requesting arbitration.

Over the years, we have helped thousands of homeowners get their unpermitted work retroactively permitted among the communities we serve.Based in Miami, we work all over Florida.