There are so many idiots that aren't smart enough to realize after fees, they are losing money on every item they sell on eBay which makes it tough to make money there.

Cost me $375/month (3 month minimum so I'll probably just move the same stuff and a few other pieces to my other vacant property that isn't selling either) and $200 for delivery/set up/pickup.I also took a bunch of artwork and random items from my own house and set it all up there, brought in some fresh flowers, and I set up the pub table with two glasses, napkins and a bottle of wine for a nice visual.

Insurance is not a deductible item on your personal residence but it is on investment property. 8)

Because once you get into anything that involved ripping out major items, plumbing, electrical, kitchen etc...you'll quickly blow your budget on time and money.

Property taxes are used to confiscate wealth to pay for items where there are laws that MANDATE balanced budgets.

It seems there are only good things, you have access to sales data, you learn a lot through the courses, and if you can hook up with a broker you can even capture commissions on certain deals such as working wtih REOs, etc.Someone suggested having my wife become the realtor instead of me, since I will be the primary investor.

I usually figure mine at 40% but the homes I’m renting have been rehabbed and usually will have a new roof, bathroom, water heater and other items that will typically have a high replacement cost. 8)

The Seller can give credits for the repairs of items in the home, such as new carpet, painting, etc.

(The items I removed from the list and replaced with "..."

:D I'll try to make this as short as possible, but not leave key items out.