Property

How Do I Get Into The Real Estate Market?

Posted by Dustin Dempsey on July 8, 2009 // 1 Comments

I would like to invest in real estate. I am early 40′s, have no debt, home is paid for, etc. I would like to look into buying real estate. I have spent alot of time looking at the local market and have a good understanding of it. But, at this point, I am not sure what to do next. Should I consider purchasing rental property? If so, should I look at small 2 BR homes, duplexes, or homes? Or should I just look for property that has been sitting on the market for a long time that may need some TLC, etc and then flip them? I have never done that and don’t really have alot of time to spend remodeling so I would have to hire out.
And, the area I live in is a rural , somewhat depressed area. What is your approach to Real Estate?

Category : Real Estate Questions

How Do You Get A Local Real Estate Investment Club To Learn About Your House For Sale?

Posted by Dustin Dempsey on July 6, 2009 // 6 Comments

I have a house for sale at an excellent price, no realtors involved, and want real estate investors to take note. How can I persuade the person in charge of our local real estate club to distribute my e-mail regarding my property? They get solicited all the time, I’m sure. I already e-mailed my property offer and photos to the generic property investment club e-mail address, is this enough? Will they distribute it to all of their members?

Category : Real Estate Questions

How Much Are Real Estate Agents Fees To Manage Your Property When You Rent It Out?

Posted by Dustin Dempsey on July 5, 2009 // 4 Comments

If I was to move overseas and rent my house out, how much would I expect to pay a real estate agent to manage the property? Eg as a percentage of the weekly rental rate?

Category : Real Estate Questions

What Can A Real Estate Agent And Broker Require You To Sign In A Real Estate Deal?

Posted by Dustin Dempsey on June 30, 2009 // 4 Comments

I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set.
My real estate agent happened to tell the seller’s real estate agent that we found out some of these things on the property – most importantly about the flooding – and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don’t want to do it – it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don’t think I need to also let her off the hook as if she had disclosed these things to me – she did not. Can the realtor force me to sign these?

Category : Real Estate Questions

How Much Would It Cost To Remove Wetlands From A Piece Of Property You Own In North Idaho? Thanks?

Posted by Dustin Dempsey on June 22, 2009 // 2 Comments

Any information about how to remove wetlands, or the cost, or where i can find the information would be great. Thanks for your help!

Category : Sandpoint Questions