I may take a closer look at MH properties once I have more experience and capital, but it does not seem to be the best option for me at this time.

If you have lived in a property for at least 2 of the past 5 years, when you sell it then you can have a gain of up to $250,000 ($500,000 if you're married) and not pay capital gains taxes.

I've been researching and the deal looks good but I'm really weary about the murder capital and getting stuck in a potential war zone.

If you want to do flips or spec builds, you might do well if you have the skills and capital.

But it clearly wouldn't work for us smaller fish (I'm at 23 and I am definitely smaller fish to them).ESCROW ACCOUNTSThey want all the rent for the houses to go into an account that they have access to and they want security deposits in a separate account and they want reserves and capital expenses to go into yet another separate account.Add in another 5% just to manage all the separate accounts they're asking for.

In those ideas are many assumptions and false understandings of how all of it, and I mean all of it, comes together and works.Continuing the NPN example, you are not guaranteed the deed nor are you guaranteed the amount of capital it will take to finish disposition to break even or profit.

First, this is capitalism and you've got the right to benefit from any business situation once it's legal and ethical.

Hi guys,Tax question for you:Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain items pertaining to my rental property.

I want to invest in Real Estate but I don't have the capital to go out get a property and find tenant's.

., and remember you need to have some reserves, but taking the $30k and buying 2-$50k houses is possible, but that is pushing it.This would also mean you have $0 for rehab if your going straight to conventional financing.You can utilize hard money to help conserve capital IF your buying and rehabbing the houses and still your "all in" well under the appraised value when your finishing (ARV).