They most often also have similar views and values on the assets due to their lack of involvement with the specific geography and ideas about repairs and improvements.

However, that shouldn't excuse you from getting involved and taking a more active role.

Unless you've got a lot of experience in this business, I'll bet that your expenses are 50% to 100% higher than your original estimate.

R Collins Steven Hamilton II (I @ Steven in response to his comments about going to court)I can't speak to specifics of FL law, but I can tell you the general legal concepts involved....When you purchase a property subject to a condominium association, homeowners association, or master association - your obligations stem from accepting the deed to the property.

I don't get too involved with the commercial side so I wouldn't know too much about that.

Hi Jory,Fix and flips typically involve things that add more value than the cost.

If you want to sell, reply, if not, ignore or say no.No telling where his money comes from, I doubt his bank is a bank.Wants to buy without anyone else involved, like an appraiser, that's interesting, I'd expect a low offer then.

Just wondering, how many RE invetsors have had or are involved in sales of other financial products?

Special Deductions for Real Estate ProfessionalsReal estate professionals are people involved in many aspects of the rental property business, including buying and selling, owning, renting and leasing, remodeling, constructing and managing the rental.If you're an average taxpayer and you happen to own rental property, you can deduct losses on that property only up to a certain limit because your ownership is considered to be a passive activity.

What's more interesting is an article was released today giving more specifics for the project, stating WF will only occupy 25k sf in space, and the remaining 40k dedicated to community involvement, training in cooking healthy with test kitchens, and so on.