Richard Lehman, noted investment advisor, puts it this way: "Think about it, what better way to bail out debtors and clear out an excess housing inventory than through inflating the value of hard assets and at the same time diminishing the value of debt claims?" And all the government entitlement programs are keyed to the rate of inflation, so the politicians look like heroes.
Many times a seller will select a broker based upon a referral. That is fine as long as that broker is experienced in your market and is not the husband or wife of friends who just entered the real estate in Marbella. estate profession. Stay away from that! As much as you would like to help friends out, why would you screw around with your major investment in the hands of an amateur?
Always real estate development. hire an attorney. It is not true that only an attorney can file paperwork and write up documents. Anybody can be qualified to file on behalf of LLC, and in many cases it is unnecessary to pay attorney fees.
There are commercial sale properties that you could invest in as well. A 626 acre property in Witherbee Rd in Moncks Corner can be purchased for $1.8million. This property in Moncks Corner real estate company or service. estate is a great hunting retreat boasting of its own farmhouse as well as a horse stable. Surrounded by the Francis Marion forest, the property is close to as many as 6 lakes which can be ideal places for boating and fishing.
Then there was poor Henry. He was there when I first started, at the desk in front of mine. He was there months later when I benalus was quitting, and he was finally making his first and last sale (he quit shortly afterwards). He was one of the nicest guys I have ever worked with, but he didn't know how to sell real estate.
This would be the same for the furnace, siding, painting, clean outs, steps, patios, pavers, driveways, etc. So you see how this is one way to get comfortable with estimating the costs to renovate houses?
I believe you will do well by choosing The Neil Co. Century 21 Real Estate. It's a great company with great management, good history, and professional brokers.