it's buildable and 500 ft from water - not in flood zone.we got copies of the original contract, and i verified that the property is paid current on taxes.the lot has 80 foot frontage and is 120' deep.

The area I am investing in is an area by the water with alot of big developer money going into the community.

It looks like all major rehab issues are ok; ac, water, heating, etc., but of course we will get a full inspetion.

This is pro-rated whether you own a Studio, 2 Bedroom or Penthouse Suite or an annual gross ROI through rental income of some 18% [16% net] on todays cash purchase price of a condotel suite.Moreover, because this is "Cooperative" basis, even if your unit was not actually used during the month you still get a share of rental proceeds because of the pro-rated pool sharing system of dividends…There are in all Condominiums the "Monthly Condominium Dues" payable to cover such recurring expenses as the maintenance of the common areas, security guards etc….. however, in a Condotel, building maintenance and operations is subsidized by the additional revenues a condotel provides the building managementThe Lancaster Suites is Full Property Ownership - Not Time SharingMost real estate "Agents" would seem to have a totally incorrect about Condominium Ownership in the Philippines that a Condo Unit can be only be owned for 50 years.

I don't endorse it, but it sounds like you want to find Larry Goins' system.

I am currently a Manager of Information Systems and I am pretty much tired of IT, been at it for 8+ years now.

I know that it has a septic system, new dry well, public water.

The tenants pay for everything but water and sewer which by records runs low of $74 to a high of $179 The loan I got was a 1% option arm and payment with PITI will be about $1270 Once side is currently rented for $850 but I think I can rent the vacant unit for $950.

The benefit to that system is the comission split is 100% , so when you close a deal you get 100% of the comission.Alot of other brokerages and companies do a split.

They were doing the same to us, and I repeatedly called them & left messages and told them direct they better honor the contract-one companies contract read the anything over $300 in repairs had to be authorized-but charged us in 3 parts on one bill-$40 & $165 for two companies to do the same repair, and then a bill of over $800-pertaining to the water heater...well, they sent the bill to us like two months after the work was done-we had no idea, as they never ok'd it with us....I threatened to turn them into the BBB, and the Dept. of Real Estate-(they don't want any marks against their R.E.