Also, you are paying ordinary tax on commission income (1099 ) but saving capital gain tax on the commission expense.

Parts of Will and Kendall counties seem to be growing as well. 

I take care of our taxes so I knew we were getting cash flow every month and could see our equity growing but never really thought much more about it until I read the book. 

It is an 18 unit building in a very fast growing neighborhood and just by doing simple due diligence(50% rule, cap rate ratio) it should be pretty profitable.

It's great to see such a large community here of like minded people and I am looking forward to learning and growing in this community !

If you don't speculate on the growing tech industry who pays really well, you simply can't buy anything in it. 

q=cleaner+service+for+short+term+rental+in+phoenix&t=ipad&ia=webReplace the above query “cleaner” with “handyman” or anything else you need, and get more answers.Welcome to the real estate tribe, good luck with growing your business and let’s have lunch as soon as I touch down in AZ again (or block some time on my calendar (PM me for a link) to chat things over and exchange AirBnB “secrets” ;-)Cheers, Ken

I recently discovered BP and hope to both gain and contribute as I grow and learn. 

I have been in Phoenix about three years now but still would like to grow my connections in this industry.

I don't hate my job, but am looking to use it as a way to pay off my student loans and then fund my investment portfolio.I am very interested in real estate as a method to grow wealth and achieve financial freedom (like everyone on BP).