Don't settle for 1%. 1.5% in Indianapolis should not be difficult.

One of my first orders of business in the morning is to check the listings in Hudhomestore and it looks like they have taken out the Appraised Value from the listings which makes the properties a little more difficult to track.

That's the most difficult part, imho.Good luck!

The key with real estate is being able to tax depreciate and write down your growing income every year and then wipe it out as a stepped up basis leaving the properties to your heirs.A refi out of equity is considered a loan so is not generally taxable.Do you think the rich want to make a bunch of money only to give it to the government who can't balance 10 cents much less our national budget??

Hi Brandon,Thanks for the heads up, I went ahead and set up a Keyword alert and read through the Beginners Guide.Regarding the property, its difficult to say.

Can you work in RE with bad credit, yes, but it is more difficult and it will limit your opportunities in many aspects of trying to do business.Are you good with people, can you approach a college professor and speak to him and gain his trust in what you are saying or do you have difficulties and only work orcommunicate well with just certain people, then do those certain peopleneed a property or own property to sell?

You'll also need an attorney to be more involved in contracting and administration not to mention costs of financing being more and more difficult.

I made a soft/rough offer and feeling nervous about it and wanted to see if anyone had any insight.It was difficult to pull comps because of the uniqueness of the property but the closest I could find were 3 properties that sold in the last month and were all 6-families that sold for roughly $600k all of which had 3br/3br/2br type setup.The subject property has 5 two bedrooms, 2 studio's and the commercial unit.

After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-through shareholder income.Perusing the IRS information, they state:The instructions to the Form 1120S, U.S.

FL properties are especially difficult because of how high the property taxes and insurance expenses are.