I will leave property type, location and condition out since those variables you can't really change but will impact an offer.If the transaction is subject to Dodd-Frank use a RMLO to complete the transaction.

My most impactful take away is Don't believe in Luck, believe in Opportunity.

Since we are only calculating 11 periods for this loan, we will not see much of a impact from time, lowering the actual rate.

To me, buying in different parts of the same city will protect you from one community that might be impacted by local politics.

Bigger Pockets pockets has really impacted my criteria for a "good" rental property.Mike

I'll be curious to see if they can organize enough to slow down or impact the boom.

In Houston we see an average net profit of $12k-$15k on houses with an ARV of $100,000 or less.You see a big difference in net profit as ARV goes up due to fix cost not impacting your bottom line as much.

Sounds good...in theory...In reality, the legal costs associated with suing a major corporation would likely bankrupt the plaintiffs long before ithad any major impact on the company...

So, when a 5% earned income tax cut comes along, the wealthy are already optimizing for their tax burden (likely by a decreased amount of earned income), and it's very unlikely that they'll actually be able to benefit from the full 5% earned income credit without negatively impacting their tax burden somewhere else.

That's a great benefit, and you'll think about your business more strategically after you have good reporting in place.Make sure you correctly account for the houses as inventory versus fixed assets if you are flipping, as it impacts your taxes.