asked:


I have a lump sum which I would like to invest in property but just before I was ready to enter the market the credit crunch appeared?
I live in Birmingham UK -is London a good place to invest? or should I stick to Birmingham.

Cecil

Justin A asked:


I invested in a condo project off of a lake in Texas. About a year has passed and I learned that the man that was in charge of our investment had been released from the project. He took our money and rolled it into this dump of a project without our permission. Do I have any legal strength here. I have a contract that was drawn over the initial property? About 2 years has passed now since the initial contract was signed.

Elmer

tammywellsadon asked:


we bought the property for investment purposes $12000. We were unable to continue the payments and tried to seell with no luck.the amount on th 1099A is 48700. What am i going to have to pay on this?

Ruby

marty m asked:


Im Thinking of investing in property in Florida.

Is this a good idea??

What hidden costs are there that I need to concider, or taxes etc….

Thanks

Ted

Jigsaw007 asked:


I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property:

1*** Unionport Road, $119K, CC $543.33, tenant paying $940

The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?

Monica

Bernanke asked:


I did some google searching trying to find an answer and no luck, the idea is that a couple of us are considering buying property that none of us will actually live in but rather rent it, what are the common ways investors in our position go by to purchase properties and ensure that everyone goes out with a good investment, Associations? Special type of Mortgages? I have absolutely no idea, thanks for your input

Jeff

Jigsaw007 asked:


I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property:

1*** Unionport Road, $119K, CC $543.33, tenant paying $940

The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?

Terri

Jigsaw007 asked:


I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property:

1*** Unionport Road, $119K, CC $543.33, tenant paying $940

The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?

Christopher

D asked:


I am looking to buy a condo in NY with tenant occupied. I acutally found an ad on the newspaper and it reads:

This spacious 1BR is located on **** Metropolitan Ave.
Current tenant is paying $975 a month but unit will be delivered vacant,
market rental is about $1000 a month.

Asking price $118,000
Low common charge of $435
real estate tax: $0 or very low (tax abatement still in effect)

What do you guys think? Should the price be lower?

Jean

property investment asked:


I am wondering if their is anyone out their with ideas of how to find people to help mefind leads for my property investment business Iwill pay $1000 per property sale.

Wesley