All Forum Posts by: Victor Rejino

Thanks for all the information and suggestions.

I am meeting with a realtor tomorrow to do a market analysis for the area.

Will post back if I follow through with the construction

Regards,

VR

Hi, 

I have an in-law that bought a single home lot in a not so desirable area. He has tried to get rid of it for several years now and only received a real low-ball offer. (50% of appraised value) 

He now wants to deed it over to me and have me build a home on it and pay for the lot him once the home sells. I think he is fed up with the taxes and dealing with the maintenance. 

I think its a great deal an while it may take me 6-9 months to sell (worst case scenario) I think I can make some money down the road.

I am looking for advice, Tax complications? not a good idea to tie my money? Interim financing? have I overlooked anything obvious?

Thanks.

Hi,

We are in the process of starting our first apartment complex(10 units) and have the following question.

Is it a good deal to sign an exclusive deal with a cable company to provide their services to the prospective tenants?

Some background, There is an easement that has been vacated by the electric company, but before they remove their poles, they asked that we contact TWC to remove their cable attached to the poles, Once we did, they offered to do the removal for ~ 7800.00 as long as we give them exclusive rights to service our apartments. Should we consider it? should we contact another provider to see what they offer? This is in Texas and, from reading the internet, exclusive rights seem to be legal here.

Thanks in advace.