I thought my drywall guy understood I wanted him to touch up a few areas I marked with blue tape after the home had been painted but he decided to reskim nearly the whole home a day before we were going to list it..

This is the one question I’d add to your otherwise strong list of interview questions.- Doubling the penny every year for 5 years is really tough and really risky if it’s not your full time job.

I have a small list of leads on vacant or run down homes that I would like to send mailers out in hopes to purchase the homes.

Purchase price: $270,000 Sale price: $290,000 I found this property through the MLS expired list.

Do you list the property?

I've come across some wholesalers lists I could use some help verifying if they are a reputable source as well.

Here’s your answer:Depreciation (Line 13/14) – can be added BACK as income Business Use of Home (Line 30) – can be added BACK as incomeVehicle Miles (Line 44A) – can be added BACK as incomeUn-allowed Meals and Entertainment (Line 24B) – is subtracted FROM your incomeIf you have a choice on HOW to deduct the items above then you want to CHOOSE to try to deduct them in those categories.

The issue with using comps on any type of software, especially propstream or dealmachine is that they tend to use an "estimated value" of the homes that they are using for comps, not actually comparing to what has sold recently in the area or what is currently listed, not accounting for DOM (day on market) or other market shifts that play into realistic valuation of a property.

PM me and I can email you a laundry list of exactly what we lenders require when doing a bridge loan for a real estate investor.

Ever since that AirDNA article there has been a ton of new listings and investors in the area making it much more competitive.