If you're looking for somewhere fairly safe and consistent to store cash, land purchases in this area could be a good option.

Your gain on the rental property will beSales price less sales expenses less adjusted basis.Adjusted basis is purchase price plus improvements less accumulated depreciation.Best of luck.

If you're purchasing a new primary you can tap an FHA loan for 1-4 units with 3.5% down, if you can secure a seller concession it could limit the amount of equity needed..if not a new multi family primary you'll need a larger downpayment (15-25%) depending on the property type and occupancy.

Purchase price: $35,000 Cash invested: $280,000 Sale price: $440,000 purchased vacant lot, built home, sold How did you find this deal and how did you negotiate it?

I probably have less answers for you, and more questions...We don't really know your experience level, so my first question is, do you realize you typically have to have about 20-25% "skin" in the game for this purchase?  

The properties that perform the best in the Smokies generally have an amenity that cannot be purchased at Lowes:  A quarter mile from Dollywood, an amazing view, or waterfront.  

Quote from @Shaylynn O'Leary: Hi everyone,  I'm a new investor looking to purchase my first investment here in the next few months.

It says "Profit = sales price - purchase price - expenses"  Even on the levered fix-and-flip deal example it gives the full purchase price. 

We purchased 11 lots across the street from our homestead Approx 20 years ago in order to prevent building and overcrowding.

Hi everyone,I'm looking at purchasing a 7 unit property, duplex and 5-plex, in Nevada.