I use the market rent price for a property to establish a good idea of whether it is a deal or not.Tax values vary based on a number of different factors, but I wouldn't use them to determine the value of a property.

I am licensed agent in CT.

I think it's important to know the value of a property and what margin of profit you need to make and then to make offers on the properties that make the best sense for you within the established parameters.The number of offers you make isn't nearly as important as the quality of them and whether you get responses or not.

I know it might not be cheap, but if you can see the actual place you get your product from you can tell if it is an established business or a fly-by-night company.

Now that I have established my business at this level my risk tolerance has dramatically decreased.

I don't think it is illegal, but I think you now have to have some kind of license or something, and you have to follow specific procedures.

I am a licensed mortgage lender and also an investor.Paul Khin (239) 573-7376 cell (239) 994-0424 [email protected]

I do have basic real estate knowledge as I once held a license in Texas, but gave it up when there was no more time - that was 20 years ago.

That is, there is not necessarily a rule for amount of option fee or monthly rent - it's whatever the market will bear.If the renter exercises the option, you would have already established the purchase price when you setup the contract.

Working in a financial planning firm full time, holding my series 7, 66, life, accident, health, and NH real estate licenses.