The longer the Investor holds the property the stronger his case will be if the Internal Revenue Service questions the sufficiency of the Investors intent.Tax advisors frequently recommend that Investors hold the subject property for at least one (1) year to prove intent.

They often ignore the law and frequently break the rules.

By then, frequently, it's also 2 or 3 real estate agents later.

I know this is frequently a roadblock with wholesaling REO transactions depending how you fund them.Other than the seasoning issues with your end buyers mortgage loans, I think you can buy and sell Sub2's all day long.

I was with the company for several years and at the beginning everything was great, after a while they started paying me less and less frequently.

BP crew,I plan on transitioning my personal residence SFH (3/2) into a rental within the next 6 months.  Having lived in the house for a very short time, I have gotten to know the property and what it needs done as fa...

Hello Mark & Andrew - I frequently attend the Fresno Deal Seekers meetup and would recommend giving it a try. 

As is frequently pointed out in this forum, typical sales agents rarely have adequate experience in PM, and can cost you a great deal as a result.

Wrong answer: Going to the casino and putting it all on black!

I am currently in the process of narrowing down my potential areas: Thus far have started looking into Bloomington Indiana, San Antonio Tx, and Birmingham AL - mostly just because these are places i've visited/have people nearby/have found some promising price/rent ratios.I think us long-distance investors need to stick together, as this is becoming a more and more frequent avenue for those of us that live in areas that are just too expensive to cash flow.