There are people who are fine with paying a little toward the mort each month and taking the write off, but that seems like a foolish thing to me when you can be actually earning something on that money elsewhere.

With rental income I can write off expenses and overall I should expect to pay lower tax.Call me a dreamer but I expect the home price to rise over time, just like home values have risen here handsomely over the last few decades as I recall.

I am a newbbie an want to wholesale my first propertys.but if I find a reo property i think it would be best the the agent write my offer. would you agree?

I am a newbbie an want to wholesale my first propertys. but if I find a reo property i think it would be best the the agent write my offer. would you agree?

Break out a pen and write new numbers on the contract.Rehab ... what do you, or anyone else think of the odds of some type of gov't bailout given that things are going to get worse before they get better?

It is merely another way to approach sellers without appearing to be low balling them.If they should give you a bottom line "out the door" number, then I would write the contract and put in the "provisions" that the deal is contingent upon the payoff amount and the seller must net X amount in the end (the number they said) after all fee's etc. have been paid at closing."

I have access to MLS, FMLS, as well as Redlink (a piece of software that lists deed transfers and URAR information).I just have a few questions that I would like to get some input on, because I'd like to get started with real estate investing within the next year or two.

This is kind of like writing an english paper, you know what you want to write about but not quite sure how to get it started.Thanks in advance

When attaining property for my LLC do I have to write a check from the LLC to myself to purchase the property first?

Take each dept and add write down the cost of things that you would replace during a typical rehab.