Often, homeowners have unrealistic expectations for the selling price of their properties and will become more realistic after their property has been on the market for a few months.Check back in with the seller every few weeks to see if they are ready to come back to the table and make concessions – you can also use this time to refine your strategy and figure out exactly how to get them to lower their asking price.3.

This was a tremendous win for real estate investors, and it provides a unique opportunity for the passive investor to take advantage of tremendous passive losses the first year they invest in an investment through the syndication model.In the same example as above ($375,000 house with land worth $100,000), your depreciation expense could be closer to $100,000 in the first year compared to the $10,000 per year for $27.5 years.

Every single deal is unique and comes with its own pros and cons.I recommend you underwrite this deal on its own.

It is a very unique property that consists of a "tree house" that is purposely designed as a couple's retreat - it's very romantic and has all the right touches. 

@Pepper Bradford-  thanks - 1) anyone thats  bringing in  funds for the  down payment on a  inv purchase  will need to be a  co borrower and go on the loan / title   2)  this isnt  anyhting unique or new   for  traditional lenders    3)  many investors  will  balk  at  having to  provide your  lender  all their  financials / tax  returns  etc ....maybe you can  find some that  are OK with this 

Each side is 7br/5ba, a shared jacuzzi and pool, a shared game room with pool table and foosball, a 1 minute walk across her street and to the beach.+$80k each side this year but after sinking $14k into  furniture and the wall decor to give it a strong “beach house” feel.  

(ie putting greens, pool tables, arcade games, etc.) 

Be good to your tenants/customers.I’ll end with my Why(s):- Add a leg to my family’s financial table that isn’t directly proportional to my time spent away from home and/or unable to spend time with the people I love and do the things I love.

I paid for a consultation with a colleague who was the IRS technical advisor on code 469 for 25 years to offer some feedback and clarity because it is so unique. 

A great way to answer situations like this is to reverse engineer the question - If you had 250K-300K sitting in the middle of your kitchen table, would you go out and buy this specific property and land, in the condition that it is, and want to monetize it or develop it?