Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I don't give on my net after depreciation ect, but I also don't give on the 50K I spend on a unit's rehab.

To anyone reading this, ask yourself why would someone spend so much time "contributing" on blogs like this?

Time Requirement.You must spend more than 750 hours in real estate activities during the tax year.And you must spend more than half of your personal service hours in real estate activities.3.

Local bank financing would require an additional $350-$500k towards the down payment. 

Every turnover will cost you money due to vacancy, Plus you run the risk of additional losses from unpaid rent, cleaning, and repairs.

(Most notably, they've gotten REPS aggregation all mixed up in the past.)Based on the regs seems that:- 1245 ordinary income recapture applies to some forms of property that qualify as "real estate" for 1031 exchange purposes- 1245 recapture on such "real estate" overrides 1031 deferral such that 1245 depreciation is recaptured to the extent there's a trade down in 1245 property in the exchange@Heidi Kenefick There are many additional mitigating considerations worth discussing in conjunction a real estate tax accountant.    

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

No investments on Spokane, but want to chime in and say that I am very, very bullish on Spokane after spending two weeks there in August.

These fees include charges for appraisals, inspections, title insurance, legal fees, lender fees, and various additional fees.Here is a list of some of the fees you can expect to pay in addition to the money upfront when investing in real estate:Loan origination fee: This is the lender’s fee for processing the loan application.