Selling as is you simply reduce the asking price by how much the repairs will be, is that right?

What would be a fair way to split the cash flow, factoring in reduced or free rent for him (and which option is fairer?)

It just doesn't add up ... unless he's just reduced the price on account of the divorce ... and even then the ex/wife's representatives are likely to block a sale too far below market.I'll be interested to see how this plays out.

They are houses that are too good to be rentals, so they will be the ones to get the tenants.Already, tenants making $1200 a month think they deserve a 2500 square foot house with granite countertops and a 3 car garage.I've got some nice houses and the best tenants are passing mine by, because they can rent a McMansion for $200 a month more.I've had 1 tenant move out because he could get a better house for not much more money.It's looking like I am going to have to reduce rents back to last years prices.

If I rented out the condo for $750, I'd be losing $50/mo on that end, but would have reduced my monthly expenses by $200.

Demand can losely be defined as the number of buyers within a given market that are willing and able to purchase goods or suvices, in this case houses.At least around here, fear has substancially reduced the number of buyers that are willing to buy a home.Those still willing to buy now find it difficult to afford since banks now require silly things like down payments and proof of ability to repay.I think prices still have a ways to come down in So.

Have you ever gotten comps on an appraisal for a home you're buying where realtor purchased comps are extremely low (as they reduced the price paid by their 3or 6% commission?)

Often times, the lender is reducing the opening bid, but in this example (and I've seen this a lot) to around $280,000.

Tax sales investing is definitely a complicated industry to get into, but there are some resources coming that will immensely reduce the time and cost to perform your research.

That's a great big huge chunk of tax mooney that could be collected.They may even go so far as to eliminate or reduce the 1031 exchange.