That said, the expenses with this Tenant has made it not worth the cost and headache. 

. $1,200 a year is not worth the potential tenant or maintenance headaches.

So, if a basement has $10k of value and you spend $10k to demo and renovate it to make it worth $18k, you have lost $2k in the process.

You'll have to make some sacrifices, put in some work but I promise that its all worth it in the end.Becareful with BRRRR-ing out of state.

The original insurances are covering the original purchase price of the properties, which are 25% of the worth in this day and age.

It's definitely worth looking into!

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.

And you're seeing that in the headlines now as Detroit "dethroned" Miami as the highest appreciating market recently:https://finance.yahoo.com/news/detroit-dethroned-miami-faste...Happy to chat about my experience there or send some resources that might be helpful. there's a zip in miami we have been looking at for development deals (33138) that is unbelievable. like 30% appreciation. we underwrite about 14% in Miami for deals. imagine starting a 10 million dollar build that is worth 20 million on completion and it goes up by 14% when you are building. unreal 

I think since the tax year still benefits from the 80% bonus depreciation, taking a few extra thousand in bonus isn't worth the risk of additional scrutiny by a tax court.

I am looking to purchase my second flip and i am having trouble finding deals worth investing into on the MLS.on my first investment i made the mistake of buying a property that was on market price without considering the distress of the property.