In the private sector, you can do your job well, for a well-established company like Circuit City, KB Toys, Lehman Brothers, Saturn, or Gourmet magazine, and suddenly find yourself without a job for one of many reasons: changing consumer habits, a dramatic drop in revenue, new competition, reckless management decisions, or just bad luck.

That's competition, but doesn't really establish a value.Yours is 2230, 7/3, and pretty close to the New Paltz Rd property.The new one you've provided, 182 VINEYARD AV is a quad, looks like its rough from the description, and is listed at $175K.So, no real sold comps, so far.

Hit the nail on the head here - and that goes for almost ALL of these gurus who say they are willing to "partner" on deals; the criteria for deals that they have established for partnering are limited to GREAT deals - they almost just want somebody acting as a birddog.

Networking is 100% about establishing a web of connections.A few minutes to chat, and then leave your card if any interest is expressed about taking your card.

Was the sale at market value, no, it did not meet the conditions to establish a fair market value at the time of sale.

What they are saying is that states can take charge and enforce the intent of the Act and if they fail to do so then HUD will take charge, but of course states don't receive any funding for enforcement, which is kind of the reason to put it off on states under these circumstances, since they don't have to establish the new laws, no funding needs to be provided.

I've moved in my 1031 and establishing residency, I realize the 1031 has to be held 5 years if you take the capital gains exclusion but how do you count the months of rehab before you place the investment property in service?

You can do deals in your own name but with an LLC you can do things like establish corporate lines of credt etc...If you are using funding companies to complete your A to B side I've seen some that require you to have a business entity, why I don't know.

At first it was easy to say that the foreclosures were not typically valued properties and they could not be looked at to establish FMV, but they seem to be the norm now and anyone buying or selling retail is buying or selling at a premium.

This will help you establish a track record and gain confidence.