While you’ll face a fair share of rejections, patience, and persistence can lead to excellent off-market opportunities.Search for “For Sale By Owner” yard signsKeep a sharp eye out when you’re driving through your target neighborhoods.

Not only did it cut his living expenses drastically (and the triplex appreciated $843K over those 10 years, not bad on a $20,000 down payment even though that was a fair amount of money back then), but one of his tenants eventually became a business partner on his next investment.

So you have 25k to play with right now, not 40k.

Section 1245 recapture is calculated at ordinary tax rates, which leads us to recommend holding the property for at least four years when considering a cost segregation study.When a property is sold, the fair market value of Section 1245 property may be uncertain.

This is where the power of leverage comes into play.

to be fair and balance like Fox news.. my client negotiated to leave 1k with them and extend the close until probate is done and get refunded 6500.00 so assuming they actually send him a check ..

EvanThankfully I am 100% up to speed and educated now from learning from this person.I cannot believe how lucky I must have been over the past few years with my investments- its like literally flipping a coin 600+ times and was able to call the right one 95%+ of the time - I am just THAT lucky - I may go play mega millions. 

What is customary, what is expected, fair, etc. ?

It’s fairly common to feel the way you do in the beginning.

I guess I always played it safe because of the security blanket it offered me.