Matt R.My usual buy and hold's were at about 7 years, this took depreciation into consideration as the benefits begin to fall off, appreciation market increases made the opportune time to sell.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Two Great reads, I bought both J.

On the good side, it is free & clear :).So, the potential deal that this post refers to would work really well with the limited cash I have on hand right now, and give me more Land-lording experience so that when I DO sell my personal residence and start to use that money to acquire more rentals, I will also have that benefit.

I've discussed the benefits and resources on BP, but to my knowledge, no one has joined BP.

Here is a copy of part of the definition:"A liability is a present obligation of the enterprise arising from past events, the settlement of which is expected to result in an outflow from the enterprise of resources embodying economic benefits."

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

If I just replaced a roof for hail damage and insurance paid the full amount (they did not, there was a deductible) - does that negate the depreciable aspect of the capex? Does the cost have to be out of my pocket...

There is a lot of benefit in having a recognized company that people (bankers, contractors, etc.) want to do business with.All multiple layers of LLC's does is make work for lawyers and accountants.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Research local ordinances and incentives that can benefit investors.The more impressive the package you can offer, the faster your properties are going to turn over.