All Forum Posts by: Darrell James

Does anyone have any suggestions on what to look out for since i'm outside of the city limits? Also, is there any suggestions on how to keep property taxes down. my short term goal is to build a duplex or triplex, by using the land as collateral and pay it of in 2 - 5 yrs. once paid off, My Long term gold is to continue to build and develop the land. i figure when its all done i will have about 15 duplex or triplex.

guys here is another question, this company is buy property, building homes on them and sale for $200.000 - $300,000. i should be able to do the same thing correct? would it be worth it if i build on the property and sale the house?

Scott & Wayne, thanks for the response! Scott, no i haven't signed any contract. This is my 1st sale and i felt what i was asking for was realistic. but, i needed the opinion of a Pro... Thanks again!

there is a company who is buying property, to build houses in this gated community. They offered me $13,000 i said no. they just made another offer today for $20,000 i said yes. i figured since, I'm only $10,000 into the property that's not a bad deal. but after thinking it through, i realized i want actually walk away with that much. because of Survey, closing cost and title insurance. is it reasonable to ask them to pay for those things, so i can walk away with $20,000? And what other things should i be on the look out for?

I would like to thank each one of you for your post they all were very helpful. and know I didn't sign anything! I found a house that I thought may be a good deal. It was on Zillow, so instead of calling the realtor they had listed I called someone I knew was a realtor and asked them if they would pull comps on it for me, "by the way this was the first time I've asked a realtor to do this" to see if the offer I wanted to make was realistic or not. so, she messaged me & said she was going to look at the property today. I thought that was kind of strange; because I would have like to went inside of the property with her. anyways all this is new for me so I didn't want to look stupid when she got back with me. that's why I asked if there was a cost associated

I am working on making my first deal, how do I know if my realtor is working on my behalf & what % should I expect to pay