What are the best areas in Birmingham to flip properties?

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

Day 1: Securing the Property & PlanningIf you’re getting ready to rehab a house, the first thing you need to do is lock it down and get your paperwork in order.🔹 Step 1: Secure the HouseBefore anything else, slap a lockbox on the door and get some keys made.

Getting into almost any property in Charlottesville for under $200,000 is quite the feat.

Where did you find your property?

I am based in New Zealand and own 4 properties here, but keen to explore investing in the US. 

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

I am an experienced investor having done properties with partners and alone.

Be careful the seller isn't unloading a problem on your.

Most property managers don't charge any markup.