Agree with Don and Marcus - I’ve made a living off pricing competitively.It either leads to #1)bidding wars2) lower cost basis#3) increase in money velocity Think of this you price high wait 3-6 months for a deal, end up negotiating down and lowering price increase risk of market changing take another 30-60 days for deal to close another 60 to source and close another orrrrPrice aggressive create demand, bidding wars, buyers into a pipeline make a little less money house sells in 7 days close in 30-60 days another 60 to source and close......Instead of 1 deal with that capital per year you can now do 2-3Increased Money velocity IMO leads to increased annual ROI

It is important that your property manager knows the market really well as most real estate agents do not know the rental market as well as someone that does it on a daily basis. 

And they'll want to sell the equipment at basis so there's no profit there.I know this seems more tax and accounting than marketing but the allocations you go in with will be instrumental in maximizing operations.

Make sure the accountant you select provides tax strategies and that you feel comfortable talking to them because you may be on the phone with them on a monthly basis. 

On a year-over-year basis however, new home sales were up 23%.

Statistically speaking we've seen better returns from SF appreciation in Houston, on a steady basis, than from the stock market. 

If you go to an OZ, you forfeit the potential of continuing to step up the cost basis of the exchanged investment at death ...4.

Again thanks for the valuable information. i'm learning something everyday on BP.

(I know this because I used to buy the foreclosure ads and mine are still running even though I do not pay and I get calls every day about properties that are not in foreclosure, not listed on sheriff's sale, and not on the market, but appear for sale in some way on Zillow)Financing a foreclosure property is very rare and impossible for a first-time buyer to navigate.

But if you’re not willing to make CONSISTENT, TOUGH choices EVERYDAY (I.e Health, sleep, nutrition, exercise, etc) then all the RE books in the world don’t matter.