When helping my clients with their tax returns and bookkeeping, especially when they have real estate properties, we usually obtain the land value directly from the county assessor’s website.

Anyone know where I can find a good template for a real estate opreating agreement? 

In what is expected to be a continued tight housing and real estate investment market, there are a few tips and tricks that can help investors get some advantages given the current state of mortgage terms and limited housing options. 

GET REAL INVESTORS!

Trying to "time" the real estate market is like trying to time the stock market.

DSCR loans, while still a relatively new product, continue to expand in use and popularity for investors looking to achieve financial freedom through real estate.

@Mirlyne AndreRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment. 

Good morning,Investing in real estate most recently has really caught my attention… as many others’ on here I am sure. 

Purchase price: $210,000 Getting paid to buy prime real estate is about as sweet of a deal as it gets for a buy and hold investor.