Purchase price: $252,000 Cash invested: $25,000 Brick house, 4 bedroom, 2.5 Bath How did you find this deal and how did you negotiate it?

They manage everything from property search to closing and provide comprehensive updates, including video walkthroughs.

Why do you think purchase contracts are so long and have such small print?

Hello,Does anyone know if you can take a tax deduction for closing costs on the purchase of a rental property? 

You can purchase your own ozone machine or pay someone who does this for a living.

You don't need to, especially on deals that just make sense, but it's a good inclusion if you already have your underwriting model in Excel or gSheets because you can use all those variables, once filled out, to auto-populate various Sensitivity/Stability Analysis charts.Here's what I have for Multifamily/Rentals (all auto-populated from the model):On Fix & Flips, I only include the ARV Stability/Sensitivity Chart (this is the entire model, stability analysis at the bottom):Since having these built out, it's something I mostly just glance at after underwriting to make sure everything looks good.

This is basically a possible framework for my semi retirement.  5 year plan Assumptions-My own company is building everything (except electric) and cost savings can be opportunistic on overstocks, returns etc, but my cost assumptions don’t include any savings here.

1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

You could partner with someone with experience and purchase something closer to home.

Purchase price: $235,000 Cash invested: $230,000 Sale price: $595,000 Property was a 3/2.