Jeffs insight did just make me adjust our offer amount and my partner and I greatly appreciate the time and effort you put into analyzing our deal.  

I saw the price reduction last week and made the adjustments on my end.

Our first season was intense, we are now struggling to keep up with demand and are busy trying to expand our facilities to meet our customer needs.

Comps mean nothing until you adjust their values to the subject property, and it doesn't mean the subject will fall in that range either.In this, you need cash!

Less than 1/4 of the cost, but labor intensive and you'd better know what you're doing.Obviously, I could go into more detail about the remodel work I did, as this required a lot of forethought as well.

Obviously you pay a premium, but even with that, and after adjusting for some of the rosy numbers these companies suggest, there still seem to be many with cap rates of 9-10% and COC return of 15-20%.

We will gauge the turnout and see if we need to adjust for the meeting next month.  

If you two do not have direct ownership, then generally you and your sister will have to recognize gain equal to the sales price of the property less the adjusted basis of the property and depending on the depreciation method rules you may have to reclassify some of those gains out of capital gain treatment.

As long as I provide clean, safe, habitable housing, I don’t have to worry about slum lords, because their tenants wind up being my tenants and if similar competition becomes an issue, than it’s up to me to either adjust my rents or provide better amenities, but as long as I have that control, I don’t have to worry about outside forces affecting my operations, which brings up another great quote by Sir Isaac Newton after he lost money in the South Sea Bubble, “I can calculate the movement of the stars, but not the madness of men.”The other reasons real estate is a superior investment is because I can get a loan from my banker to help me purchase real estate.

My opinion is that if you are not well educated on the risks, rewards, and strategies, stay away from anything adjustable.