The market (supply and demand) is in the process of correcting itself, and the true market value may be somewhere around $170 or even $150/square foot.

I watched the Roach house show as well as a number of others and it is correct, they show what they want to sell the house for and thus the expected profit.

If you sell it after 1 year then you will be taxed at the long term capital gain rate, which if I remember correctly is 15%.

Correct me if i am wrong but the NE market seems to me a little bit uptight.

The key is to give them the correct blend of hype and fact.

I know it is easy,if you put together the correct team, but how do you know John Doe with the best investment opertunity isn't Joe Scamer?

It can help you correct for just this problem.

They don't communicate this very well, though, and I can see why people get confused.ResearchRetrieve, if you are referring to being wary of wholesaling, then I can personally assure you that it works well when done correctly.

You are absolutely correct that if someone is looking to invest right now, and finds a deal with good cashflow, falling prices are not a reason to wait And many if not most of the people on this board probably fall into this category.

BTW - Not to correct you, but you're not blogging here, just participating in a forum conversation.