(REPS)A real estate professional for tax purposes is someone who materially participates in real estate trades or businesses, spending more than 750 hours a year and over half of their working time on real estate activities.

When rates a drop a half a percent or more, expect a spike in demand.

She was consuming half of our time, and we were both miserable.

Quote from @Alan Kopmeyer: Looking to learn and invest in rentals and flips> Hi Alan, buying turnkey rentals and flipping will be easiest if you invest out of state.

Current cash flow is much higher as I paid off half of my properties with time.

With regard to closing costs, in Pennsylvania the seller generally pays for deed prep and half of the transfer tax and the buyer pays for the rest.

Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

In the DSCR space, every 1% you paid in origination, brought the rate down by half-a-percent (with most lenders).

I have a tenant in Arizona, who moved in a month and a half ago.they keep complaining that the master bedroom is too hot.The whole house is ok but the master bedroom is hot.I offered them a portable ac, they refused took it but did not install.I offered to have a handyman come install it, they said they can do it themselves.I offered the ac guy to come check on the AC and asked them to call the guy, because he likes to schedule with the tenant directly, but they have not called himI asked if they waned me to schedule with the AC guy,- silence.They complain but wont let me schedule for them.I understand that the tenants are just complainers, but I want to cover myself legally.So in case, if they decide to take me to court, I would not be liable.What is the best way to deal with things like that?

We've bought over half of our properties during the holidays.