These historical trends suggest that lowering the tax burden can free up capital for reinvestment and fuel a fresh wave of property acquisitions and development projects.But there’s more to the story than just tax cuts.

Next property will find a professional Realtor who is experienced with marketing their listings and closing deals.

There is a lot to consider before you buy your first property.  

The turn key property is on a tiny island in the Chesapeake Bay in Maryland called Smith Island.

Building a solid team (agent, property manager, lender) is key.

I used half the HELOC ($160K) as a down payment on a 12-unit property, making my dad a 35% owner since we used his funds.

It was a wild time for subject to transactions while interest rates were increasing, property values were increasing, and lenders were stuck and could not call loans due when a property was sold or transferred.

Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

This then would allow you to look at a property 1500sf 3/2 with the same rehab as a property in the same condition that you got a bid for 1-4 weeks ago..