:lol: Actually it was a real question because I have heard from relatives that you don't get the opportunity to buy land in Hawaii... you only get to LEASE the land for 99 years.

Somewhat related to this discussion, I have heard instances of investors including a "discount" in their offer/purchase price if they purchase properties with 100% cash.If this is common practice, what kind of discount are we talking?

When in that position, build a smaller, middle-end home so that if other builders put together more expensive projects, you are the first to sell; and if they go slightly cheaper, you still have not put yourself at too great a risk.b.The other interesting dynamic at play here, is that the value of the homes rise during the later phases, while costs remain relatively stable.

Talking to the other tenants in the building (they have relatives and friends)7.

You probably don't want to hear this but....the person uphill has the water right of way...so the only way to check this is to have your lot surveyed to find out what the FF (finished floor) Elevation line is of your lot relative to the property that is draining to your friend's.

Executed Broker Loan Fee Agreement, if applicableAdditional items required to approve, document and fund the loan1.Appraisal Report by an approved appraiser2.Formation documents of the Borrowing Entity (LP1) and Tax I.D. number3.History of property ownership if purchased from a related party4.Closing Statement for the property (or proforma closing statement if under contract)5.Joint Venture agreement (if any)6.Preliminary Title Report with underlying documents7.Geotechnical Soils Report8.Phase 1 Environmental Site Assessment 9.Site plan (with units plotted)10.Grading Plan 11.Architectural drawings with specifications12.Architectural agreement (if any)13.Engineering agreement (if any)14.Construction Contract (if any)15.Insurance broker’s name, address, and phone number (builders all-risk, general liability)16.Independent cost review may be required17.Related Debt Certification (Loans To One Borrower)Notice of Right to Receive a Copy of the Appraisal Report Here is the info to help you out.

Hello You mentioned a capital gains, this indicates you have had this property for a relatively short time and that the property has a value probably much more than original purchase (LAS mkt was hot for a while)Negative anything is not good especially on an interest only loan?!

I always ask myself this question...if it's really that easy to make that much money (by doing relatively nothing), then why would they share the secret and not just spend hours every day at home doing it and making even more money for themselves??

I use a system called myfax which is relatively inexpensive,and you have the option of an 800 fax number at no extra cost.

Originally posted by Mach:I currently purchased a domain name for a website and now i'm thinking it might not have been a good idea. but i wanted everyones opion if they would use their name for their website to promote your real estate business. for example mine is www.kenhicksjr.com I'm not a politician or anyone really, just trying to make a name in realestate for myself so when somone heres ken hicks they will think of a real estate investor and that might lead to more leads. these domain names are cheap and i can easly purchase a new one like khjhomes.com well let me know Hi, If you are running a company, then it would be better to have website with company name or something innovative which is related to your business.