I once listed a property for sale and was concerned as to whether or not is was condemned.

i mean, what could possibly be holding this up - the title company is supposedly processing the paperwork....and if "something" is holding it up...should i be overly concerned?

Also, one thing that somewhat concerns me is that I'm trying to find average rental price for the building but I can't seem to find much except this one ad for a studio that shows up everywhere (on all the rental sites).

It started off with a very motivational background which certainly pulls your interest in.The find it chapter was extremely helpful it came up with good techniques and it told you how to put together your "team".The Fix it part also had great insider tips, different styles, ways to maximize profit.The flip it part was a little vague, there was good detail in closing a contract but it seemed to be lacking a few things and just touched over other more important parts.I'd definately recommend the book it does a great overall background in flipping from start to finish.

Skippie, I'll second everything that monique said, with one additional proviso that you won't like and will ignore at your extreme peril!

With current market prices for Hotel Accomodation, assuming they paid cash for their units, rental ROI's could go as high 16%-18% per Annum and better yet, as most hotel clients pay their bills using major US Credit Cards, the overseas investors are going to receive their rentals in US Dollars avoiding any concerns over fluctuating exchange rates !

Any late payment affects your credit score which is extremely important at borrowing time.

There are charities that will list your TS for free but you continue to pay your fees until it sells and, as it is probably becoming clear, selling one of these things is extremely difficult.

Some are computer savvy and realize the benefits of technology and some are computer phobic (I happen to work for one that straddles the line, hehe) or are not clear on the benefits.Perhaps the concern from the brokers perspective may be, if you are working on all this computer stuff, when will you have time to sell real estate since you are part time anyway.Therefore, my suggestion to you is this: Forget offering computer work during the interview process, don't even bring it up except to say something like: "I am computer literate and know my way around a computer fairly well".

okay, here's an example:we're currently negotiating a house in the number one school district in the statein a premium townshipin a specific area with absolutely beautiful homes around iton a .35 acre nicely shaded flat lotwith a sunset right in the back yardthat is in need of minor repairsthat looks aweful to the untrained eye - and i mean badthat smells like catswith hardwood floors throughoutin need of a kitchen redo (cabinet refacing)needs minor upgrades to bathroomneeds quick finishing walls in basement, throw down some rugsneeds driveway pavingHOUSE was a rental, husband passed and wife wants to sell it.asking price: 299,000 - as is - it is probably priced about okay for the condition it is in.Price we're negotiating for - 265,000 (maximum)Projected repairs - 23,000 (we do the work - 1 month completion)Projected Closing Costs (X2) - 28,000Projected Holding Costs - 15,000 (6 months - 8% 30 yr term - just a regular PITI)ARV - 395,000Profit - 75,000the above numbers are extremely conservative.