Miraculously, I didn’t lose my shirt, but I broke even on one house and, due to other circumstances, had to walk away from another.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $165,000

Cash invested: $20,000

I bought a duplex in Racine that needed a lot of cosmetic upgrades. Both uni...

I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.

Purchase price: $75,000 Cash invested: $10,000 Sale price: $120,000 This is a 2 bedroom 1 bathroom single family detached house is South Georgia.

On the 15th year, the investor and I will discuss together whether we want to sell the house OR continue receiving cash flow.

Toxic paint et al.Would you want your family living in house remodeled with cheap Chinese s**t?

Pros: the cabin will be able to house our entire family, easy process to refinance.

How about repairs ?  

@Yooni ChoiFor a first property, $100/month in cash flow might not be ideal, but it’s acceptable, especially with a house hack.

The key is ensuring the after-repair value (ARV) supports refinancing to pay off the initial funding without overextending.Fix-and-flip - This requires sharp numbers and market knowledge.