Those of you who know me from my posts know that I've been an active investor for 30 years, and that I've seen some big market swings.

We hope to have many children (I come from a family of 9 and she's the oldest of 8 ).I'm a Christian, and active in our local church (Sunday School teacher, bookkeeper, regular attendee, tithing member, etc.).That's a good place to start.

The depreciation on rental properties (residential 1-4 units) are calculated from the value of the improvements and divided by 27.5 years.For example, lets say your rental is purchased for $200,000 and the land is assessed at $40,000 and the structure (improvements) assessed at $160,000.

The key to success in this business is having systems for everything and hiring others to do low dollar activities for you.

As all_cash points out, county tax assessments are all over the place vs. market values.

There are world leaders out there who are not very nice people and who are paying a lot of attention to politics in the USA.I actively dislike Clinton, but her response was the correct one for a president.

Realtor's listing price is $165K, opening bid (from realtytrac dot com) is $152K and city assessor assessment is $170K.

However, I have read some 'experts' that say unless you practice with your semi on a regular basis you are better off with the simplicity of a wheel gun.AdrianG: after you spend some time reading the many useful posts all over this site, you will see that some of us rent to low-income tenants where we are actively involved in cash rent collections, delivering eviction notices, chasing drug dealers and other undesirables off property, doing repairs at odd hours, etc.

Never mind all the costs associated with the two transactions, the new roof that had to be put on, the new sewer line, the city's assessment for sidewalks, four coats of paint and a complete set of appliances.So, do I think you should buy this new residence at retail?

Put the right to show 45 days prior to the end of the lease as well. 5) Remember if one leaves, you've got to assess damage before the next substitute moves it.