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For starters, know what you are buying. Ask questions. For example:
(1) Are there any zoning violations on the property which will have to be corrected?
(2) Are there any environmental hazards which may be present (someone in the distant past may have dumped environmental
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In a "condo" arrangement, you legally own a particular unit in a multiple unit structure of building. Plus, under a typical arrangement, you have a share and a right to use common property (i.e., hallways, elevators, gardens, swimming pools, club house, and so forth) within...
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A highly successful form of marketing the beach bungalow in Maui or the ski cabin at Aspen is to sell (or lease) "timeshares" in the property. Timesharing is an arrangement that gives you the right to use property (e.g., a chalet, studio, house, apartment) for a limited,...
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When you purchase real property, you will receive a written document (called "the deed") which transfers the ownership (title) of the property to you as the purchaser. The deed gives you formal title in exchange usually for a specified amount of money. The conveyance of real...
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Whether you plan to rehab or wholesale, you'll need to build a buyers list. These are the investors to whom you'll sell properties. If you plan to wholesale, these folks can make you very rich.
If your goal is to rehab, from time-to-time you'll come across a property you...
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You are a real estate investor. Your goal is to buy a few houses in your neighborhood at the best price possible. So you target foreclosures, right? First you will need to find a local foreclosure listing service (such as Foreclosures.com). Most large cities have them, and...
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