Does It Make Since To Buy This Way?

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[ Edited by rebeccabrumbelow on Date 11/19/2005 ]

Comments(8)

  • Colinl2217th November, 2005

    Interesting, Immovable property (immobilier, immobilien, immovables are all words that I see still used today in Europe and not Real Estate. I noticed this last summer while traveling Europe and wondered why Americans use the word Real Estate. hmmm. History of liguistics is funny.

  • anolimitsky19th November, 2005

    Immovable Property... I cant imagine my agent saying I am an Immovable Property Agent. Sounds like a Repo Man or something.

    I like the history part of this post. Thanks Commercial King.

  • realtorauction6th October, 2005

    Timber, lumber and natural resource companies are a GREAT source of wholesale land.

    As long as the deal is clean what is your question?

  • Leejr23rd November, 2005

    I read somewhere that PlumCreek is one of, or the largest private land owners in the US.

    Rick

  • Palmguy3026th November, 2005

    If it is worth 30K why is he selling through a realtor for 15K how are you going to resell? or assign for more than you paid??

  • Palmguy3027th November, 2005

    ooh i see..... In that case i guess how much time will you give yourself in the contract to flip will determine what wholesale price should be to try and sell it for. Sounds like from what you are saying this guy doesnt have very long to give you in a contract. The less you try and sell for, the faster and better chance of selling you will have. What if it doesnt flip?

  • REInvestorInTally27th November, 2005

    Here in FL it wont be a problem (buesiness wise) if he should pass, the estate will g directly to his wife. I seriously doubt I wont be able to sell it, I ve already gotton one offer and its in a very nice part of town, plus, land in city limits is scarce to say the least. Thanks, Tim

  • Palmguy3027th November, 2005

    Youre welcome. Good luck and let us know how much money you make.... Just cover all bases!!

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