From: "Bubba" 
Newsgroups: alt.invest.real-estate misc.invest.real-estate alt.real-estate-agents
Subject: Re: Keeping a deal artificially low?
Date: Fri, 08 Aug 2003 22:45:40 GMT


 wrote in message
news:s1FYa.1537$YQ4.108@fe04.atl2.webusenet.com...
>
> On  6-Aug-2003, "Bubba"  wrote:
>
> > He understands that the price that he got
> > was a bargain and he knows that he will have to return the favor in the
> > future.  It may well come as a drastically reduced price on a building
> > that
> > he will construct for me on another piece of property.
>
> So keeping the compensation "up in the air" is the key? What if you put
the
> method and amount of compensation on paper?
>

It's not necessary.  We are not quite sure what the amount may be.  It will
depend on how well he does on the litigation that is tied to the property.
So, depending on his expenses which will determine his profit, and depending
on how expensive a building I decide to build, there is quite a bit of
leeway in the numbers.  At the rate things are going, he will not have a
marketable title to the property for close to another year or two.  We will
know better at that time.