House flipping is back, and the Tucson market is being touted as prime for the practice.The stabilization of home prices last year piqued the interest of A&E TV's "Flip This House" producers, who will be in Tucson next week to recruit flippers.Than Merrill, the show's star and co-founder of real estate investment company Fortune Builders, said Tucson is one of several markets with "potential for a big comeback.""

Charlie,One book that really changed my life and the way I look at my business is the E -myth.

Seth, the lens is a Olympus E-3 with a 7-14 lens

-e

To keep it simple, I just took a $1000 repair expense on Schedule E (since that was my out of pocket cost) and ignored the portion of the actual cost to restore my property that was reimbursed by the insurance company.

Ask if they will e-mail a copy of their management agreement so you'll have plenty of time to read it all thoroughly before you meet.

All units were 6 months and now month to month.Here are the numbers I came up with have not yet recieved Schedule E or Rent Roll:Potential Income : 26,400 - (8% vacancy 2112) = 24288 (using current rents)Expenses: Tax 1309 (verified at asessor), Insurance 1819 (today's quote), Water 2880, Trash 1200, Lawn and Grounds 500, Repairs/Maintenance (assumed 10%) TOTAL: 9148NOI: 15140If I use VA the loan will cost me 1% for VA funding fee, and about 3K to close so I will assume 10 K to be safe.If he will take 220000 for it, loan will cost me 12,449/year leaving 2,691 in cash flow.CoC Yield: 2691/8000 =34% CAP Rate: 7%What else do I need to consider?

,You would not provide the Schedule E only with personal and other property information redacted?

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.A great is example is I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

i did some research and got various conflicting answers. maybe i can get a corroborated answer here (please link the source if possible)what is the recovery period for the closing costs of a residential rental (1040 Sched E property)?