Hi guys,Tax question for you:Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain items pertaining to my rental property.

., and remember you need to have some reserves, but taking the $30k and buying 2-$50k houses is possible, but that is pushing it.This would also mean you have $0 for rehab if your going straight to conventional financing.You can utilize hard money to help conserve capital IF your buying and rehabbing the houses and still your "all in" well under the appraised value when your finishing (ARV).

., provides an online technology platform and patented client management system that allows real estate agents to provide their buyers and sellers the industry's best search experience, including real-time MLS data and public records, the ability to view their customers' search activities and collaborate with them online, and to easily and automatically provide other information and tools to help clients find the perfect home or market their property.Listingbook has 70 MLS clients and is available to 60 percent of agents nationwide.

I have my financing lined up and I have had a few properties under contract, but backed out during options for various reason (found out one was on the edge of a sec. 8 neighborhood, and another paid all utilities for tenants).Just this week, I found what I thought was the right investment for me.

Utilities, insurance, HOA while the home is vacant.

Reward your network - Once you know who works for you can customize what you give them.

If a broker is involved that fee is between customer and broker-not the lender.

The agent/company who helped you make the bid can lose their NAID# and ability to make any HUD bids for any customer in the future.

I'd also toss at least an 8% vacancy rate in the numbers.Run those numbers down against that $900/month section 8 voucher and I'm pretty sure you'll be making a nice chunk of change so long as you don't have to pay utilities to get the $900.

I am not familiar with this company but I will definitely check them out.It appears they utilize used shipping containers...a very interesting sustainability play.