Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation). 

Purchase price: $645,000 Cash invested: $516,000 80% cash purchase.2,437 sq ft Duplex, with 3b 2b for the front unit (1331), 4b 2b for the back unit (1333).   

This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?

I currently own one property, and I’m planning to purchase another.

Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is. 

@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

As we all know, you are really paying for the commission in the purchase price. 

The second is a rehab property that I purchased for myself, I purchased it out right for 100k.

For purchase price, use this formula,  (Arv * .70%)- Rehab = Purchase Price Good evening Dustin, I went onto the webpage for Arizona association of Realtors and I found the agreement for 2024, however I am not licensed so I do not have access to download the contract.

It allows you, the wholesaler, to transfer your rights to purchase the property to an investor.