Here’s a quick look at the top five benefits of utilizing a 1031 exchange.1.

So something no one else has mentioned.....The BIGGEST reason you should always utilize an agent when purchasing a home is Liability and legal responsibilities.

Google "ADU Sitework & Utility Costs: 10 Hidden Costs."

What strategy are you planning to utilize?

Purchase price: $98,000 Cash invested: $15,000 I purchased a duplex in Milwaukee as my first rental property, utilizing a conventional loan with an 8% fixed interest rate.

We put them to the test with an office warehouse 3 building 40,000 sq ft syndication 2 years ago and they performed as they stated.When utilizing local lenders who keep the loan in their portfolio, you CAN negotiate on rate BUT I find it much better to pay 1/4 to 1/2 point above the absolute minimum and obtain these other advantages instead.  

I make $3000 renting it out, the mortgage is $1500 plus the utilities so I am profiting $1000/mo.

Tenant pays all utilities but garbage.

Hi Sherrie, There may be a few routes for you to best utilize the equity in your current home. 

Can you please shares insights on the cost structures with respect to the various taxes levied and cost to run (cleaning, handyman, utilities etc).