costa

Don't forget to contact property management companies and offer your referral fee.

Dave, Thanks for the information. I am a fireman not a taxman, thus, no advice will be given by me. FYI I ended up making a cash offer today.

justin, one approach you could use is to attend a couple auctions personally. Once bidding is complete, offer the new owner some cash for an assignment. Ofcourse, you need to do your homework first.

Just and idea...for those of you who have expressed difficulties procuring bandit signs. How many of those political candidate signs are still flappin in the wind at your busy intersections?? Grab em'as they are probably not wanted any more. Now you have some materials to work with at no cost (less looking like the guy or girl who originally placed it there!) Hurry, other people are taking them!

I am preparing to make an offer on a home. I would like the owner to carry back the entire note. This particular home was gifted as part of an estate approx. three years ago. The home is free and clear, vacant, formally a rental, out of town owners. What tax benefits do the sellers have, if any, by taking back the note. If there are benefits, I want to enlighten the sellers and use these benefits as currency. Thanks, Constantine.