hello so I need help! I'm in Jacksonville Fl . I'm trying to find out what investors are willing to pay for a property in a certain area. What is the best way to find this information out? The property is located in the 32209 zip.Please help.
32209 is not a good neighborhood. Depending on condition of course, but if it needs a full rehab you are gonna have to get it for around $7K.
@JC Gauthier Thank you. Yes it is a full rehab, it has not been occupied in 10years. The seller states he just wants the land value which is 9,000. It's also a concrete block home.
I was gonna state in my previous message that it would be for a wood frame house, so $9K for a CB should be good.
Agree with @JC Gauthier. As long as the condition of the place is good, investors might consider your offer. And as long as your relinquished properties and your like-kind replacement properties are qualified use properties as described above any kind of real estate will be considered to be like-kind to any other kind of real estate.
I did some research about it and here are the following list of real property asset classes represents interests in real property that usually qualify as like-kind property.
- Single Family Residential Property
- Multi-Family Property (Apartments)
- Commercial Office Properties
- Retail Shopping Properties
- Industrial Warehouse Properties
- Triple Net Lease (Net Lease or NNN) Investment Properties
- Agricultural (Farm) Properties
- Vacant Undeveloped Land
- Oil & Gas Interests
- Mineral Rights
- Water Rights
- Air Rights
- Easements in perpetuity
- Leases with a remaining life, including options, of 30 years or more
- Tenant-In-Common "TIC" Investment Property Interests
- Delaware Statutory Trusts "DSTs" Investment Property Interests
- Vacation rental properties (income producing)
The seller states that the roof has caved in in the back and it's in bad condition.
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