Otherwise the calculation is meaningless, you are just deducting $X from each and all comps.Same concept with the Car count for the garage, why would you deduct money when Subject has a 1 car and Comp 2 has a 2 car, the adjustment should be positive to Comp 2.

The whole concept does underline the important of us teaching our children what we're doing and why we're doing it.I talk to my daughters all the time about the real estate businesses.

How long does it typically take a small MF project, from conception, to ground breaking, to CO?

Matthieu,The concept is simple but it is real work to do it.

Obviously, it shouldn't be lot 1 block 2 of Abbottabad addition, since John Doe does NOT own lot 1 block 2 of Abbottabad addition.When I bought the life estate, it was a little simpler since we used a Quit Claim Deed.

Explaining the concept of grass-fed beef, no preservatives, lean, the flavor...

or didn't understand the concept, even when I explained it.Thanks,- Josh Green

Keep in mind that i am a person that's more likely to get excited with actual details than the concept; i.e, i ask "how did you sell this house without making any improvements to it", rather than "how does flipping work".

We might understand the word(s) but the whole concept and when best applied is a deeper subject.In the beginning of learning creative real estate we can all get a bit antsy and want to get ROCKIN' & DOUGH'IN however the wisest move is to tame those rockets and study then choose a real estate niche (super important in the beginning imho) and WORK IT.

In concept what you want to do is a great Idea but many attorneys simply aren't aware of the SEC regulations required if it is not their primary area of practice. 50/50 is a typical split between and working partner and a money partner.