Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

You're gonna want to be around $400k purchase price to be in a good area too.

Amazon and Costco are so big with such purchasing power, you can often find the lowest prices on what you need.

While not mandatory to purchase in an LLC, I would recommend it.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

Quote from @Parker Bullard: I'm looking to purchase my first investment property and need help figuring out a strategy that will work for me.

I think my own research says that I cannot reap the benefit because you would have to have put the property into a fund upon purchase.   

I have owned it for a very long time and had depreciated most of the original purchase price. 

Purchase price: $160,000 Sale price: $170,000 Contributors: Peter Vekselman Partner Driven and Jamari Sprueil secured this Dover Ct property in Riverdale, GA, for $160,000 and successfully sold it for $170,000 on the same day.

They pay for themselves and put money in my pocket to build up a reserve for the next purchase.