I assume these large casinos would bring jobs to the area and these workers would need places to live.

Buying post-construction investments won’t bring you the kind of returns you can get by buying preconstruction.

I think one thing you can do is call the agent before you meet, and ask her to bring comps of all sold land (and maybe even homes within the last 6 months - dont do that if it will confuse you.)within the last year (or longer if land doesnt move) and look for yourself.

You may havea hunch that your deal will be interesting to investors,but until you have a prospectus with pro-forma numbersyou do not know how many investors will be interested.He is now in the "fund raising" period, looking for investors.If you are financially able to invest, you would request theprospectus and then invest if you like what you see.You would be part owner of a retirement village in SoCalcomplete with golf course, etc.No I understand the process of building the plan and then looking for money I am planning this same type of deal with a popular down south business to bring up to my area, the point that I am asking about is when planning I should have an IDEA of who I will pitch my plans to, from this post it seems like this guy doesn't have anyone on board and is almost lost in looking for investors and if he works for a RE development group he should at least have a few "pocket" people or groups that will get him started with the funding.

For instance, if the Broker agrees to List a seller’s home for sale for a 6% commission, the listing broker may receive 3% and the remaining 3% may provide compensation for the agent who brings the buyer.

Not knowing what area you are in - you and the other party can enter into a contract and then bring it to a title company to handle all the details of the sale.

But the originalquestion brings up a good point: why would someonewho stumbles upon a perfectly good deal turn aroundand flip it off to someone else?

I've been looking to passively invest, using my cash and credit, and parter with others and because I can bring excellent credit, income, and some cash to the table, I've heard from several people that focus on these properties.

, not only aren't good deals for cash, they're TERRIBLE deals with financing.One thing that you might consider is bringing in a TRUSTED family member or VERY CLOSE friend.

When dealing with the MLS (which I rarely do anymore) I like searching for key words in the listing (like motivated, flexible, bring all offers, etc) and looking for long days on market, like over 200.