.- Bulk Purchases & Portfolio Acquisitions: Banks and hedge funds often look to unload non-performing assets in bulk.

Hello all, I recently purchased a condo on the east side of Madison from a foreclosure sale auction.

The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generate profit.

The property is being purchased at 103 with an ARV of 375.

The LP got it from a friend who is in some kind of real estate mentoring program.

Purchase price: $115 Cash invested: $17,000 This is my first fix and flip.

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

They’ve already made a name for themselves in Mexico with projects that blend eco-friendly practices and thoughtful design, and now they’re bringing that expertise to one of the most popular markets in the U.S.For investors, this could be an exciting opportunity to work with a developer who consistently delivers quality and strong returns.Check it out:  Travel weekly by Northstar

Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.

My partner and I keep an excel spreadsheet of rent, our purchases, utilities, taxes, insurance, and money spent on contractors.