Someone with $10M in the bank in cash just needs to put a lot of money to work and time value and tax write off is more interesting to them than a hungry investor in their 20s that has never found a deal.Honestly, books are great, but they are about as "boiler plate" as you can get as I'm sure you're discovering.

After 35 years I’ve developed a healthy respect for this business from the school of hard knocks.The day I’ve discovered this business is easy or simple will be a good day to retire.

At least one of the coach's calls I did attend the, Rick Boyd, spent the whole trying to comp one property for a beginning student.

Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.

We discovered problems that required a lot of work and significantly reduced the property’s value, forcing me to lower the price.

Therefore, remote investing is your only option if you do not live in a city that meets all these requirements.Regarding your concern about not being able to visit the city: You likely won't discover much more during a week-long visit than what you can learn from the internet in a few hours.

This includes structural components of the building.

This is what I discovered if this helps anyone out who Googles about them and ends up on this Bigger Pockets forum thread.On Reddit, there were several negative reviews like really bad ones of current clients who can't seem to exit from their services and who have spent and lost lots of money due to lag times, mistakes, etc. on the part of Anderson Advisors.

I’ve often seen this happen where initial approval is given, but debt-to-income issues arise once they discover you’re purchasing another property.

That pragmatism will help you mitigate risks as you understand the different components of managing rentals