Allstate has covered 2 water damage claims for me over the last 25 years.

I like to keep long time that way I can gain more equity in next few more years.

Carrying costs of $50K per year, wife holds her equity as a note DOS, and we sell in 3 years...I assume no appreciation.Purchase $550K (to husband), $550K note to wife, $270K sub2Year 1 $50K (PITI plus holding costs)Year 2 $50K (PITI plus holding costs)Year 3 $2M sale (10% sales cost, $250K sub2 payoff, $550K wife payoff) net ~$1M ($650K return of capital $350K profit)That should be about a 20% IRR, any appreciation or higher sale price results in a higher IRR.

I've used the same tax guy for over 20 years only because he does the taxes for my parents and their business.

The way Wayne County PA handles its OTC property inventory is to hold auctions four times a year.

For the first 2 years of my journey, I've made them all and fortunately, I've learned from them as well. 

Hi, i'm 22 years old and looking to get started in real estate.

Hey Andres, I manage my 12 Detroit rentals from California.I use TenantCloud and have for years.

I'm not experienced in new build, but there have been plenty of infill construction projects over the last few years. 

With private lending typically deals are around 12 months so every year you need to put that money back to work.