I am kind of nervous as a first-time homebuyer and first-time investor investing out of state and looking at markets across the country. I am currently looking at Memphis and Detroit. I am not sure. Any helpful tip or...

@Kerry Baird Love hearing about others taking advantage of cost segregation studies.

In fact, a couple of recent studies have shown that working with a broker typically saves about $10,000 on a residential mortgage.

Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.

Ask for Merry, the Executive Assistant.

Hey all. I run a full time flipping business, right now i am able to do 2 homes at a time. Looking to broaden my lead flow. Does anyone use, or have any experience with VA's for cold calling? I pull pretty solid lists...

To set the scene: A cost seg study breaks your property into two important categories:1250 "real" property aka the building, foundation and other long life assets.1245 property aka anything that can be accelerated such as 5, 7, or 15 year property like carpets, cabinets, or other site improvements.

Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

I am currently working/studying on getting my RE license online.

And the study