The subdivision is a newer development w/ new houses still being built for $300K, give or take $10-20K for size/features.I would imagine the neighbors who live on this cul-de-sac would like to see this house fixed up; the neighbors in the development would want this house repaired for property value/affect on sales.Who would I talk to about this house?

The app they developed is pure genius, different, and, IMHO shows the kind of thinking that got them where they are and proves again that out of the box thinking is possible, even in real estate.http://www.inman.com/news/2012/03/9/sawbuck-app-serves-real-estate-data-snapshots

1% when revenues exceed 500 bucks, 2% when it's different, 5% when it's something else.....did anyone pass highschool math class?

She lives in a nice development up on a hill overlooking a big Lake.

BTW almost forgot, real estate is a people to people business, take this guys out to eat to talk business, take them for a drink or two at a nice place, develop a relationship.

My guess is because he is in Pennsylvania, and the PA Dept of Revenue has some really silly rules on Real Estate Transfer Taxes; they want to collect full transfer taxes on each assignment!

The reason you like the project is the potential upside to increase top line revenue via more occupants and perhaps better rental rates.

I thought bird dogging would be a good way to develop a buyers list, but I'm having second thought now.

I would prefer to be able to have all the money needed to finish the rehab all the way instead of doing it in stages because I wouldn't want the property to sit for more than it has too.I did take some classes on real estate finance and development in college, but I think it would help me the most if who ever answers my question assumes I don't know anything because I'm sure I'm missing a lot of information.Thanks, joined BP just mins ago.

I get concerned when people have 2k+ for deposit/rent off the bat, usually they left there past landlord stuck so they developed cash.