Then, the net income after the salary is not subject to SE income. 

Lenders are typically more conservative here than in 90% of SE markets because of the combination of a low-income tenant base with minimal, quality jobs and the high military concentration in the sub-market. 

I have a gulf access listing in SE Cape Coral that’s in a seasonal rental program and I’ve been giving the current tenants a $25 Publix gift card for each buyer showing.

Good evening,looking at a couple different properties that have pools in the backyard. I have never personally owned one, much less considered the effect it might have on a rental property. Does anyone have any experi...

Hi Dean,I am located in Kenosha and invest in SE WI area.As Rebecca mentioned, KRREIA is a great event with many people that invest in this area.

There are specific strategies you should employ before getting going with multiple properties, but you're pretty far down the road and I'm not sure you will want to or be able to put the toothpaste back in the tube per se.  

So its not a broker thing per se for me.. and I have been wholesaling for 40 years difference is I pay cash for every property and don't market it until I own it.. that's legal in all states BUT WI  if I did more than 3 a year and in a slow year I do 150 transactions big year 300.. 

From your post I assume you are self employed, since you’ve been SE for over 5 years, you can get a loan using only 1 year taxes, in case your net income for 2017 is not enough, you should show your 2018 drafts to your banker Before you file to make sure you show enough.

However I was just wondering why this 1% definitely does not seem to work for my market while it's not per se a bad deal.

The villages isn't bad per se, but residents tend to enjoy that they are tucked away from massive growth in their own community so the lack of appreciation is a bit self inflicted.