Some of the solutions being discussed like eminent domain to avoid FCs have never been considered before.

He has been through about 4 cycles he said and he said each time for commercial multifamily was the leading drive on the rebound.If you look at cycles they all have similarities and some differences.Recognizing these patterns leads to the best portfolio and the best returns versus risk.What Rich said holds true in that you avoid the herd mentality.People that do not invest prudently do good with some properties and then the others bring them down to a negative to flat position for years before you can recover.Some of these syndicated pools of investors look at the big project as a smaller risk.That is fine if the gamble is made based on the funds entered is only a small percentage of their total worth.Example if the have 2 million liquid and want to spend 100k for an interest in a property that could throw off very high returns than they are still safe versus their overall portfolio.I can tell you that buyers think "I am buying so low there is NO WAY I can lose on this!".

There are ways to apply that "boot" to repairs and improvements to avoid taxation on the gain (the proceeds are kept in escrow and drawn to cover the repairs as needed) - identify a Qualified Intermediary that you wish to use and ask them.Originally posted by Jay Wright:...2.

Avoid Natomas, Antelope, Rancho Cordova and Elk Grove.

My new tenants ( younger ) were happy with clean carpet / curtains and drapery rods ( instead of verticals/mini blinds ) and decent paint.I still need to put a new wall heater in a few months ( another post talking about this ).So, I was able to avoid some remodeling costs this time around.I think is is partially due to providing a "reasonable" rent for the area and the lack of 3br 1bath small houses (so there was less competition) as opposed to apartment living.Thanks to all,, Rich C :)

I thought you had indicated I do need to submit the PCOR in order to avoid reassessment: "It's useful and necessary to submit the form if the transfer exempts the property from a property tax reassessment."

If I can get a quick sale I'll avoid the capitals gain tax, but that may not happen.

If so it will qualify to avoid the penalty.

Have they $1100 to actually buy it..even though i did pick this industry of real estate because of the no money or credit needed aspect.

Sometimes some sort of agreement and trust can get you long way, and avoid people you smell troble from.