It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

Purchase price: $260,000 Cash invested: $26,000 Purchased home in 2019, debating on making it a long-term rental or selling.

On top of that are the low homeownership costs.

Take a look at this ad, which is clearly targeting a keyword that a buyer would use.I know what you’re thinking: “Yeah, I only pay when someone clicks on my ad,” which is true.

Any general tips or advice on forming partnerships with out of state investors?

Their brokers license is showing up on the state website as "Inactive" and so is his daughter's realtor license.

Operations Manual: Create a detailed operations manual covering processes from acquisition, development, and property management to sales.

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

Good Morning all, am in the process of selling my coop first per loan officer and will be buying coop (2bedroom) pending sale of unit on contract we signed- my question is when I do my taxes will I be hit with anything ?

If the seller or seller's agent is forthcoming with any information related to missing Certficate of Occupancy (CO), you can potentially negotiate based on the work needed to obtain property COs and permits.