Whether you’re looking for off-grid living, investment property, or future development, land sales in this area can be a lucrative option.Types of Land: Fairbanks has a variety of land types available, from raw, undeveloped lots to partially improved properties with utilities like electricity or water access.

Hey James, the most important part of investing from a distance is building and improving reliable systems, generating deal flow, and building a rock solid team.Read this article on the "core 4".

Purchase price: $625,000 Sale price: $700,000 Enter any improvements you made.

Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time.  3) Depreciation - Finally some good news! 

We encourage you to review your credit report for any discrepancies or areas of improvement.

In searching for commercial real estate to buy, I’m reaching out to a number of brokers in the area and explain to them what I’m looking for. #1: Do I tell them I’m talking to other brokers?

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

This included updating the kitchen and bathrooms, improving the landscaping, and finishing the basement to maximize rental potential.

Appreciation for the most part is non-existent unless you force it w/ improvements.  

This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.