You have first hand knowledge of the properties that will come available plus their condition.

Hi Karen,Welcome, BP is a great platform for networking and knowledge!

Knowledgeable, slick salespeople convincing uneducated, unsophisticated "investors" that they can get rich for doing practically nothing, and with no risk...it's got a new face, but apparently it's never going to end.

I signed up for BP back in September and have really just been absorbing all the great knowledge and advice located in the forums and blogs since then, but today is the day I introduce myself.I have been licensed for only four months and am only working it part time for now.

This may not be the correct forum but, you guys (and gals) have consistently amazed me on your knowledge of RE in general.I'm purchasing a Freddie property for my personal residence.

The Contractor will have more knowledge of Repair Costs than I will.Without knowing how much to fix this house, I will not be able to make a sensible offer.

Realizing I did not have the time or knowledge to fix it, I called a local plumbing and heating Co.

You will need to have a little knowledge to create a qualified comp set.

With the corner and access you make the rules.300k is way to low and they can make up for it on the other 23 acres giving you more money.You really need someone on your side.If I were there I would work for you and NOT the developer.They are trying to wear you down and see the lowest you will take.You know the income approach but it helps also to have knowledge from the other side like I do of what the developer will do with the property and how they will most likely extract the most money for themselves.This will help you not hold them hostage but capitalize on their problem.Sounds like an unseasoned developer because they should have known long ago they needed your property to make it work.From an access,architectural,and design standpoint they need your land.

I gave them the option to select anywhere within that range given their expertise and knowledge of the market.I was told that they chose to start with the higher end of the range since the property showed so well.