Still working on this property.  

The property is in Pell City, AL and I was able to find this is a non-judicial state and potentially would not be tied up as much unlike a judicial process since it’s not going through the courts.ThanksDaria 

Hello,I am in the midst of analyzing markets for my next investment property in Florida.

We invested $55,000 in renovations, transforming the property into a highly desirable home.

We invested $55,000 in renovations, transforming the property into a highly desirable home.

If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit score - but wanted to start investing in rental properties - what would you do with 20k that falls into your lap?

I'm still active in the Detroit market.

Would they still be able to cost seg the property because it was an STR for a few weeks in December?

Do you have any particular markets or property types you’re focusing on?

Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties are built at this stage, just landDoes the tax remain at $1,000???