Places such as Kensington can really be block by block but although there are certain blocks that are slightly more attractive in Port Richmond, the main attribute driving the pricing there is the proximity to Fishtown.

If you use a non-recourse mortgage, the IRA is also responsible for paying the mortgage payment each month, as well as for paying a tax called UBIT - Unrelated Business Income Tax - on the net income generated by the property that is attributable to the financing.  

Liz has extensive knowledge in financing, appraising, construction, marketing as well as her greatest attribute is creating systems to maximize time, quality and monetary constraints to ensure efficiencies on all levels.

I wouldn't say its necessary that there is a lot of upfront cost when starting in real estate, the cost are better attributed to a per project basis.

There was a house built on the land in the late 60s, but it was demolished a few years ago because of foundation issues attributed to the underlying soil.The Township says that they know there are "soil issues" with the property, but they won't say how they know this.

It's the top floor of a 3 story building (2006) and I attribute it to settling (picture attached with old repairs done by prior owner).I have one person's contact that I met at the recent BP get together in Brooklyn, but I want to get a couple bids since I'm unsure of what needs to be done to fix this.Thank you in advance for your thoughts.

And that's when Mike would pounce.Other attributes like tenacity, creativity, the ability to improvise, knowing how to manage and inspire people, being a great communicator, networking, an ability to bounce back after failures and setbacks (and there will be many!)

The data is dumped into massive databases and the databases then use logic algorithms to sift and sort and attribute the data.

Also, you will have to file 990-T every year that you are collecting rent on the portion of rent after expenses attributed to the debt...look up UDFI but you need a tax guy for that as there is a formula.

That means that even though cashflow-wise, I am in the same position as I would have been by renting, I have increased equity in the property (net worth) of $7,500.(2) Unlike rent, everything else I pay for is a tax deduction with the exception of the portion of some expenses attributable to my personal use of the property (the 12.5% of the property I use myself) rather than my business use of the property (the 87.5% of the property that I rent out to others).