Things take much longer to develop than people think.Typically when you see big apartment buildings go up it is a 3 to 5 year process.It might only be a few years from the time the public hears about it but before that years of legwork went into getting to that point.I couldn't say if right now was the right time to build.Everything is project specific.If the city will let you use a class C finish rather than a class A the numbers will save you money.Just to give a for instance some cities will demand a traffic light be put in for some projects.The traffic light parts itself are not that expensive but with the fiber optic hookup and underground cabling you are talking hundreds of thousands just for that one item.Typically on larger projects it's a fight for the developer to make profit.They propose a certain density and drawing.The county or city then wants to reduce the density and add in all these road improvements and lights at the cost of the developer.All the costs have to work for both parties to get a deal done.I have seen some projects take 2 years to get approved from submitting after going back and forth with revisions and tabling until the next meeting.So half the battle is the cost and financing available when you break ground and the other is the political junk.How much total land would you be getting??

I submitted an offer on a short sale a couple weeks ago, and the agent required that I sign *HER* contract and stipulations sheet, which basically read as follows (not in these words, but these ideas):- Buyer has 7 days for due diligence/inspection starting when contract is binding (i.e., when buyer and seller sign it)- Closing date is March 30, 2011- If the bank approves the sale before the closing date, the buyer is obligated to close and has no contingencies- If the bank doesn't approve the sale before the closing date, buyer can back out (or submit counteroffer)So, basically, this contract was saying that there was a set closing date, and once my due diligence period was over (starting when the contract was signed), I was obligated to buy the property if the sale was approved before the closing date and not obligated if the sale wasn't approved before the closing date.I wasn't sure if this was a standard short sale contract or not, which is exactly why I asked the question.It sounds like from the other posters this isn't standard, and was probably just the way this particular agent wanted to handle things...

Auction.com is a site where you don't need a realtor and you can register free to bid.There is live online chat and i was told by them the following info.You need a small deposit submitted to each property you gonna bid.If you win the auction you have to pay 10% same day to escrow officer and you have 30 days to pay cash or 45 to finance.Your total price will be the amount you bid and BUYER PREMIUM on top.

I did submit along with the offer a copy of the Cost of Estimated report I had done by a professional licensed contractor and the realtor sent the comps to show as well to the seller(s) to show what the properties are actually selling for in that area.

In addition to investing, I am also a software/web developer, and I have some experience in direct mail and internet marketing.Im looking forward to contributing to this forum, and learning new things from other members.

Purchase software to manage your direct mail marketing letters.

My ISP and VOIP provider set this up for me, the only downside is the software is not complait with Windows Vista.

(lol)Oh and Josh I all most had it I would have beat you to the post but as I was submitting I lost my connection and had to re-post!

If interested, you may participate in the official beta software test.

•Executive Summary submitted with all Business Notes and made available if necessary for any Commercial Note.