When houses were 25% cheaper and rates were half?

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

These deductions reduce your taxable income, which helps maximize your profits.Finally, real estate provides diversification for your investment portfolio.

Rate were low, prices were cheaper and it was a great way to use a secondary home loan to buy a rental, long term or short term, especially in the phoenix / scottsdale  / az market.

I would love to be wrong on this because it excites me to think of this being a cheaper mortgage product.

Even the price has been listed for $1,895 now, the last people who viewed the property, wanted a cheaper price, and we were open for negotiations.

I don't know about cheaper insurance (yet), but at the event I went to, they said that insurance companies were advised/required to NOT price them higher just because they were concrete homes as opposed to regular construction.I do think it's feasible that eventually they'd have lower premiums as they prove to be more durable/less risky.

The biggest focus of mine would be on just having one tax lot and maybe cheaper financing.

In general, many people start with SFH's because they have a lower barrier to entry being that there are more of them and they are generally cheaper than multifamily.

You do 3 deals in the cheaper markets and then step up.