According to property assessor, the cost basis of the structure of our 1 unit is 60000$, BUT according to our insurance company, it will take 112000$ to re-build.Last year we depreciated using 60000$ cost basis, but I am reading the book that suggests different methods, making a point that there's no right one.It's a huge difference, and according to the book ("Every landlord's tax guide" by Nolo"), usually county assessors UNDERESTIMATE, which gives me SMALLER deduction if I use their data!!!

Last night I had an inspector come in and test the pipes for leaks using this method, and we found the property wasn't winterized correctly.

You can always track down the "registered agent" through this method.

The method is slow, and I was only able to pull 100 names a week or so, but back then I had more time than money.There are also services that sell lists, such as Listsource, Melissa Data, and yes, click 2 mail.

No one can do that on a regular basis (some may get lucky).But instead use a dollar cost average method of buying.

Mortgage insurance is the banks method of protecting their interests in the property because you do not own enough equity.

The 50% rule is used as a quick method of accounting for things you need to analyze yourself like vacancy, maintenance, turnover ect.

My point is, even someone making 10 or 12 dollars an hour will qualify for the 3x rent income method.

I'm looking at different methods of analysis but I'm having a problem at one part.

Wholesaling is certainty a viable method to make money in real estate but is not nearly as easy as many people make it out to be.