It's the best way to get favorable financing, and it will help you gain knowledge on the joys of maintenance and repairs.

I don't know about the "coming back to haunt you" comment, but I do agree investors should consult with a knwoeldgable CPA on this topic.Depreciation recapture can come into play, but there are several factors to consider such as: You are receiving tax savings today and then repaying with tomorrows dollar (and we all know the dollar will be worth less tomorrow than today), if your current marginal tax rate is at 28%, then the recapture tax rate of 25% is slightly less, and if the gain derived from the building is less than the depreciation taken, you may only recapture some and not all of the tax.

You lowered your price to get attention, and it worked.

First, pay no attention to the MLS price.

Or is gaining this type of vital info a function of the strength of your personal network and just hitting the streets for the pulse of the market?

Why does anybody pay any attention to RealtyTrac?

I read an article in in one of the NJ RE blogs stating that “if you under price by 10 percent, you are going to get a bidding war, even today.â€The article say's that putting in a lower starting price will get the house more attention and ensue in more offers which can lead to the seller getting the price they really wanted for the house or even more...

This will be a fun time for investors as lawmakers trip over themselves to be "on the side" of homeowners and turn attention away from investment properties going into foreclosure.

The article was originally intended to draw attention to some pitfalls not provide solutions in all circumstances.Any way, any feedback on any article is welcome.

The ******************** program we are referring to offers several products and services and makes the marketing/affiliate side of the business an option and not mandatory to gain access to the products and services.