As long as you are managing and/or improving the properties, you can draw a fair salary.

I would like to move to Texas some day in the future, but for now I will continue to invest in a state that is doing all the right things and drawing in large companies from my state (i.e.

So without drawing this into a really long post this is what I'm looking at.I recently found a property I'm interested in acquiring.

Now, I'm at a point in my life where my W-2 job is making me a stable income (tax accountant) and I'm very interested in investing in real estate.My first course of action (other than studying for my CPA exam and subsequently obtain a higher wage from my W-2) is to look at a fourplex in the Bellevue, kirkland, Redmond area.

There must be some reason why, but nonetheless, the rehab loan and the resale check both count as credits so the profit would be the difference between those figures and the other noted expenses.My guess is that the rehab costs were draws taken from the lender (i.e., money received), thus it was denoted as a credit on the spreadsheet. 

Should the fact that this property was recently built and there are no close Comps impact the after repair value and subsequently the offer i present to the seller?

In these times of deficit government spending, self directed IRAs are an increasing target because the penalties are so harsh and the subsequent tax windfall is so high for the government.Be careful, my friend.  

What should you consider in deciding where to draw the line?

If I remember right, I sent out 4 or 5 offers, and none of them were accepted (since it was such a small sample, I knew it wasn't enough to draw any real conclusions...  

What draws people to invest in America, is the safety of our market and the ease of entry.