Real Estate has always been a strong interest for each of us, but other than purchasing our primary residences, no experience as investors.

We are looking at purchasing a home and renting it out in an area that we want to live in eventually in the Tahoe area.

I figure I'll get losses of 20-30% of the purchase price as a general rule.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

I am trying to decide if this is a worthwhile endeavor.From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.This leads to two questions: - Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own?

Keep in mind that lenders typically won’t fund the land purchase so this will likely have to be done with cash.

Purchase price: $135,000 Cash invested: $80,000Turned a 2 bedroom 2 bath house into a 7 bedroom, 4 bath house.

Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Hi Greg, I can understand your point regarding the equity and purchasing a performing note, although being able to purchase directly from the banks and at a good price effects this.

Purchase price: $63,750 Cash invested: $13,000 This was my VERY FIRST deal.