I am trying to sell my parents house NY. How can I get the real estate agent to drop the commision from %5 to something lower.

We are looking to buy a house. We found a real estate agent before we found the house we really want. It’s a foreclosed home. How does the real estate agent get paid?

Adverse possession relating to real estate, are there specific requirements in the state of AR to acquire the real estated in question.

I’ve always thought that a real estate investor just bought houses, fixed ‘em up, and sold them for more money or something of that sort.

Am I completely off the mark?

Im a senior in high school and plan on going to a community college for 2 yrs.and then 2yrs. at a university and major in bussiness administraion. I think while Im doing that I should intern for a big real estate place like Remax or something because I would like to learn the different areas of real estate like being an agent or flipping houses.I don’t know if I should go to Real Estate school after college or what.Any suggestions on what I should do?

Im also looking into real estate as a career. But I have no idea where to get started in this field or what type of post secondary schoooling will be needed. Any help of advice would be great.

Thanks,

Cyp

I’m interested in a property that went into foreclosure and is now being sold by a real estate liquidation company. Supposedly, they will systematically drop the price until it sells. If true, how much will the price drop each month? Is there a standard formula for real estate liquidation?

I bought a new house and havent sold the first one yet? Can i deduct mortgage interest from both? What about real estate taxes? Both houses are in NY city.

Whats the most efficient way to structure a real estate deal with a group of investors looking to develop land. One of the partners owns land, but will not put any capital into the investment? FYI, this is an international deal where REITs do not apply? LLC? Other?
*Also, how best to allocate shares?
*Also what are the different exit strategies?