Tag Archives: best

What is the best way to attract a developer to a property you are trying to sell?

I own a 4-plex with a friend of mine in Minnesota, in an area that is still in “transition”, but is starting to be developed. We don’t live in Minnesota, and have had a LOT of challenges keeping the property going, due to excessive inspections (lead based paint, fire, etc.), problems with tenants, etc. If we sold the property outright, right now, we would not be able to recoup our losses. We would like to attract a developer to the property, which is slated for redevelopment which has already begun, in order to be able to break even on our “investment”. We have lots of ideas ourselves for what a developer could do. Should we start our own website for the property, and then place an ad in the local finance and commerce magazine, to attract developers? Would it help to share our ideas with developers? The county and city were going to send out a joint “request for proposal” to developers for the property on either side of us, but have decided to wait.

How do you get the best mortgage deal?

We have been pre-approved by a mortgage company. The mortgage company has recommended a real estate agent. I am a little leary of going with this real estate agent, however, because, being a first time home buyer, I need a lot of guidance. I am afraid that, being tied to the mortgage broker, the real estate agent might not fight to get us the best mortgage deal (if it happens to be with a company other than the original mortgage broker’s).

How do you go about getting a good mortgage deal?

What real estate company is the best property manager in Fort Walton Beach to go thru to rent my property?

I have to rent my property out next month and was wondering who would be the best Real Estate company to go thru. The property is in Fort Walton Beach FL. I was thinking about Century 21, but have herd some bad feedback about them. Any suggestions?