I am new to real estate investing and purchased my first LTR November of 2024. 

I have an Acquisition Analytics service for Business purchases that are under $5mil in revenue, that I do with my Bookkeeping Firm.

Also, stay away from Insula Capital AKA Atlantic Capital Holdings out of New York (Long Island) I didn't lose $200,000 but lost $10,000 plus on a deal they gave us a funding letter for $300,000 cash for a flip we were purchasing.

Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.

I am completing my due diligence on a possible motel purchase in the Lake George/Lake Luzerne area. 

These are things at the high level I want to be looking at for all my real estate purchases. 

My first investment property happens to be my first home purchase, so my questions are hopefully basic for anyone experienced here.

Purchase price: $264,000 Cash invested: $120,000 Sale price: $640,000 Duplex caught on Fire.

It was a fun realization so I thought I'd share it here.I purchased my first real rental 11 years ago off the MLS for 108k (put 20% down).

Purchase price: $44,000 Cash invested: $75,000 This was a huge undertaking, but the risk reward ratio worked out great.