Other people simply do things completely wrong and that "doing it wrong" is commonly labeled as "normal" or the norm.Listen to the data, leave emotion out of it, and crush it!

Therefore if you purchase in say September, your current years tax bill will be based on the current years value which may be even lower than what you can achieve with the exemption and on investments the value will be updated according to your ATI and will not be reassessed by the county for five years as well as once it is, the increase is capped to a 15% increase in value which is not common and can be appealed which is less often than many other states.Yes, the effective tax rate comes out to a difference of say 0.5% on personal residence to 3.0% on investments, but I would say handling it the right way up front and budgeting for it in your analysis is better than risking it another way.

But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more. 

Just wanted to let you know it is common to see big a jump in revenue year 2 if you are managing well.

This is common.

A common rule of thumb for Return on Equity (ROE) in real estate is to aim for 8-12% or higher.

Is this common practice?

Then a wise man who was already successful doing what I wanted to be doing shared some common sense that I took to heart: settle on ONE strategy to get started and block out all the other noise, the BS, and the well intentioned but misinformed friends and relatives telling you that you can’t do this.

Pricelabs is the most common dynamic pricing software but just make sure you’re using something. 3.

The 70% rule is a formula commonly used by real estate investors as a barometer when purchasing distressed properties for a profit.