 Question about subprime lending.? |
| I have a question for lenders. I keep reading about all of the issues with subprime lending and foreclosures. I hear that it will be harder to get a mortgage and interest rates will be higher for ... |
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 If a house is bought while single, then one gets married, if house is sold, will spouse be entitled to profit? |
| I purchased a home when I was single, got married, never changed deed over to married name or added spouse to the deed. If the home is sold, does my spouse have legal rights to the proceeds?... |
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 What's a buyers realtor do for the buyer when the house is being sold without a realtor? |
| We found a house we want to purchase. The house is listed for sale by the owners. The gf is wanting to use a realtor to help with the purchase of the house. what exactly would they do? we are ... |
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 Is it pointless to put extra money towards mortgage if planning to move in the next year or two? |
| My husband and I are planning to move soon. I say that extra payments at this point are akin to putting money under the mattress. He thinks we will get more than we put in when we sell. We ... |
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 Just recieved house from a family member that has passed? |
| we recieved a house from a family member, completely paid off. its worth between 200 thou and 250. me and my fiance both have credit issues. my question is that we both would like to have a new ... |
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 Does a landlord have the right to tell you to "move out" because he doesn't like you asking for repairs? |
| My landlord told me by phone to "not say anything" with the city inspector comes. I assume the city inspector would come alone, not with the landlord when doing the inspection. There are ... |
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 What is a mortage? |
| I still have a hard time understanding what a mortage is!... |
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 First time renting help? |
| im 17 at the moment but in about 2 years time i want to rent a flat with my friend can i hav some facts and advice please. i currently hav no job at the moment but plan to when i finish college next ... |
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 Has anyone ever sold a house to National Home buyers ? |
I believe they make you a cash offer ,however they ask for an upfront fee before they even come out to look at the house.
Is this a scam because they offer a really bad price or just to ensure ... |
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 Real estate investing question? |
| If I put a down payment on a house, can I immediately begin renting it out, using that rent to help pay down the mortgage? Is this feasible or am I missing some dynamic? There must be a downside. P... |
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 What are my rights when buying a house? |
| I am buying a house i UK. I have already signed the contracts and made a deposit of 5% of the mortgage through my sollicitor. I was told I will get the keys to the house as soon as I do this.After ... |
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 We are renting to own a home and Landlord has told us that his homeowners insurance has gone up to $625.00? |
| monthly. Our monthly payment with this increase is $2150.00 per month. I am a Stay at home Mom and we can not afford this!! He told us to try to get our own coverage when we moved in 2 months ago ( ... |
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 Can the landlord keep my stuff and let other renters use it, if they never gave me a chance to go and get it? |
| My boyfriend and I were out of town for a month. We gave the rent money to a friend who was staying there to watch our cat while we were gone. She ended up not paying it so we got an eviction ... |
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 Can I sue my Landlord?!?!? |
| Okay, so here is the deal. I came home from my father in-laws house fixing an computer problem for him to come back to my place to notice and pretty big crack in my ceiling. Looking at the crack I ... |
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David W | What can you do with empty land? |
I bought 7 acres of land, beautiful country mountain land with several nice home sites, bordered on two sides by national forest. I do not live in the area yet and I'm looking for ideas to generate revenue until I move up there and build my house. Any ideas |
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Du Hast mich?
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Hi David,
First thing you are going to want to do is pay an appraiser top dollar to figure out the properties highest and best use. I'm assuming you bought the land AND entitlements...
once you get the appraisal back, you will know exactly what to put on the parcels to obtain the maximum amount of ROI (return on investment). Now comes the time to spend some real money... Depending on what he comes back to you with, it's time to pay for the architect, contractor, city permits, etc... Expect to pay not less than $25k for all this...
Here's the good news. As a developer, you will have to come out of pocket with "0" dollars to get the project completed. You can contact me, or a number of other private institutions that will not only fund your project, they will put an interest reserve account aside in order for you to make your payments during the construction phase.
Once the project is completed, you obtain a "take out" loan or your construction loan converts to a permanent loan and you have a certian period of time to market and sell the project peice by piece.
Welcome to the world of development! You are now part of Americas elite. Now take the money you just made on this project and put it into the next project/projects and be prepared for the outcome. Development is a wonderful thing to be in, especially in a downtrend market. |
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johnathan b
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make a crop field and sell crops or rase horses on it or just sell the land for lots of money |
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juliazumba
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If I were you, I would just fence it up and keep it safe from squatters or vandals. |
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jo_jo_baby2004
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lease it to hunters or people with animals for pasture land or for camping sites for hunters |
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redirishactress
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Make it into a large garden!!! |
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Kim Y
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Grow Christmas type trees for harvesting. May have to waite for several years if not in too much of a hurry.
Lease it to boy scout troups?
If you can build some stables, put in some pipe fencing, perhaps have some boarders there?
If there is a garden crop that will grow in the area and is in demand, perhaps you can supply that crop to area groceries.
Ask some of your neighbors nearby and see if they have any suggestions.
Check with the County Extension Office and see if they offer any suggestions.
If the land is VERY PRISTINE, then perhaps a producer would be interested in leasing the land to film a movie or documentary (educational)
If it snows there, and there are good slopes, perhaps people can lease the area for a week at a time for skiing vacations
If the game is good, and it is legal & all permits in place, perhaps you can lease the land out to hunters
Quite frankly, if I had the blessing of such beautiful land, I'd just sit on it, save my money, and plant the most beautiful home I could afford, with a couple of 'apartments' to rent out for additional income on a regular or seasonal basis and just RETIRE |
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Alterfemego
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Depending on it's legal use, you could rent it to someone who can make money being on the land without owning it. Like farming? Pature land for horses or cows...? |
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robert S
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Seven acres is kind of small to be generate any kind of meaningful revenue especially out in the country. You can try leasing them out for farming but you will be lucky if the income covers the taxes you are paying.
You may consider subdividing the land into several home sites. Pick the one you want to save for yourself and sell the rest. With the money, you can buy some CDs, mutual funds or whatever. Just keep in mind, if you own the land for less than a year, you would be facing capital gain taxes at a higher rate than if you hold them for over a year.
The other idea is to hold on to it. While the real estate market has cooled, the long term outlook for real estate is up. So you can hang on to the appreciation you have now and not have to face taxes until you are ready to sell a few years down the road. You also want to make sure who you are going to sell the land to and what are they going to do with it. Otherwise, god forbid, you dream home site may be surrounded by a dump. |
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