He wants a lower tax rate (including capital gain) in return for fewer write offs; he's trying to simplify the tax code.  

You are elephant hunting with a BB gun, you need to get out of the jungle and learn real estate.Your questions are so vague they can't be answered without writing several books.Land is always valued with the market approach unless it yields income without improvements, then the income approach may also be considered. :)

Follow up- under contract today through a wholesaler,  client added my commission without a hiccup...another wholesaler who can't even write a contract on his own making 5x more than me...grumble grumble

With market rents, coming up with first/last/security deposit can approach $10k in some neighborhoods, which can be a difficult check to write even for professionals.

Please message me or write me offline.  

Your expenses seem mostly reasonable, but I would suggest that vacancy is more a function of the landlord than the location.

Hello all,I'm looking forward to becoming a part of this community! After working as a sales rep in several industries over the last 30 years, I was let go from my last position due to a company buy out in 2013. A goo...

IE high volume they write title insurance  one off hard to get anyone to do it.the only way a CA. state tax sale can be overturned is through court order and the person or entity that lost it has to prove that the public notification was flawed..

Under fha guidelines I have to owner occupy the property for at least a year and 60 days my question is with the tenants approval can I move them into my current home a few streets down avoid a costly eviction write up a new lease and null there current lease so I can occupy the property to satisfy fha  I would still cash flow with this strategy? 

There is one student who is my contact who I deal with, he is in charge of collecting rent from the others then on the day rent is due writes me a check for the full amount.