This nonsense about paying full price off the MLS and using borrowed money to cover the closing costs is very alarming.You haven't said that, but a popular guru has and he has sold a lot of "memberships" in the process.

Hi David,It is pretty easy to do your taxes yourself with one of the popular software like TurboTax or H&R.

It could be great if you could find a place near popular snowmobile trails for winter, and you'd be in great shape year round!

I bought a house last year that was very poorly managed by a local and popular PM.

Branson MO is a popular choice for an STR market with lower price points and consistently draws over 9 million visitors annually...Feel free to message me privately to connect and learn more about the market here!

That's likely why the CPA on this thread, Sean has listed 'S-Corp' as a popular option amongst flippers.

I do know that some regions of the US are really popular on the BiggerPockets forum for rental investments, and Columbus seems to be one of them.

i was exploring and saw some of the neighborhoods in kyle, Tx has school ratings like 8 and brand new houses in the range of 300K with potential rents at $2200 per month so overall making them cash flow positive. however, i am not sure why Kyle is a popular place. it is mid way between austin and san antonio but that does not seem to be a strong enough reason. 

I'll break it out for you.Gross Salary: $80,000/yearGross Salary per month: $6,667/monthAfter Tax Salary per month (not including 401k investing (which you should be doing, but I get this is a real estate message board and this concept is not popular): $5,434Purchase Price: $600,000Interest Rate per Calculator: 6.941%Downpayment: 5% or $30,000Financed Amount: $570,000Mortgage: $3,769.67Property Tax: $600Insurance: $125Other Costs (per calculator): $333.33Total Monthly Payment: $4,828/monthAfter Tax Salary - Your New Homes Cost = $5,434 - $4,828 = $606CONGRATULATIONS, you are what is referred to as "house poor." 

The seminal book on the strategy, 30-Day Stay, published here on BiggerPockets and written by MTR pioneering investors Sarah Weaver and Zeona McIntyre, has helped popularize the method.