I just purchased one that is a step down in level and rent rate and am looking at doing a single color scheme for the first time (S-W Alabaster) to save on labor.

@Jonathan Feliciano you can say this about Detroit, Columbus, St Louis and many other Midwest cities.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Purchase price: $20,000 Sale price: $39,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Karen Schneyer, successfully completed a quick flip on Wildwood Drive, Brooksville, FL 34601.

My wife and I recently purchased a new primary residence.

but in general using a disregarded entity to purchase your replacement property is fine.

I recently purchased a duplex.

First, most attorneys will be familiar with short sales and working through the purchase of properties where the foreclosure process has been initiated.

How do you plan on purchasing and in what area?

These markets are very large in NC (comparable and larger than Fayetteville) providing for great economics as well as a more diverse employment base.Doing a renovation is not as intimidating if you have the right team that can provide you comfort with before-and-after's of other projects they've done, plus accurate $s surrounding those projects.

The group we purchased from came in and did a beautiful high end renovation on all 100 units.