condo conversion: Get your investment property today with a lease-option - Part 2 - 07/02/07 06:27 AM
Last week I wrote about a condo conversion my company was doing and that I wanted to purchase one, as an investment, on a lease-option.
http://activerain.com/blogsview/134408/Get-your-investment-property
The problem that I had, was someone was living in the unit I wanted and I was offering to buy them out of their lease and then move in.
Well, I'm happy to say, the owner accepted my offer for a lease option, but we didn't get the original unit that I wrote about. What I considered to be a even better unit opened up, with a bigger back yard and we decided to take that one. My family and I are … (4 comments)

condo conversion: Beaverton Oregon Real Estate: Making money with Condo conversions - 04/12/07 02:48 PM

There are three ways to make money in the condo conversion market. The first thing you need to understand is what a condo conversion is and how it works.
A condo conversion is done two ways. The first way takes an old apartment complex and goes through the steps of setting up an HOA and CC&R, getting the tax ID's, brings them up to code and converts them to individual condo units. The second is taking a complex that was built as a condo unit, but became apartments because the market wasn't ready for condos. Each unit is then individually updated and … (1 comments)

 
Todd Clark - Retired, Principle Broker Oregon (eXp Realty LLC)

Todd Clark - Retired

Principle Broker Oregon

Tigard, OR

More about me…

eXp Realty LLC

Address: Serving: , Beaverton, Tigard, Aloha, Hillsboro, Lake Oswego, Sherwood, Tualatin, Wilsonville, West Linn, Tigard, OR, 97224

Office: (503) 524-9494

Mobile: (503) 706-0430



Helping Families Home is a blog set up to help families find that perfect home for them. I have a family and I understand how hard it can be to find a home that everyone is happy with. Let me help you find that home and help your family home.



Listings

Links

Archives

RSS 2.0 Feed for this blog