Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

I am wondering if anyone has good places to research affordable yet healthy/upcoming markets to invest in MA. looking to get into my first househack/203k so just trying to figure out where to look.

So I am less concerned with that one at least for the time.I enjoy researching many things and solving complicated problems, but figuring this out has not been one of them.

Educate yourself with books, podcasts, and market research, define your goals, and build a team of professionals to support your journey.

I am also willing to work for a more experienced investor or property management company in any capacity, be that market research, deal sourcing, property management assistance, rental optimization, or anything else needed.

Yes, as I'm doing more research, I'm finding that I would prefer to invest in markets that I know personally, so as not to rely on external variables completely.

I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you! 

I'm not sure if this forum is still active, but I'm looking to chat with a few real estate investors in Ontario who may be interested in raising funds by selling fractional shares of their property.My co-founder and I are doing some market research so we need to talk to some folks to gather more insights before building this out.If this interests you or someone you know, please reach out.

We fully renovated both units, improving the property’s value and rental potential.

From my research on Zillow, I'm seeing a duplex that has for about $311 per month in that area so not sure if $42 is the most accurate number for monthly taxes.