Currency exchange rates can also affect costs.

I had four calls today with investors who are accredited and are gun shy because each had over $100k invested in deals gone bad and trying to see what  (if anything) they are getting back.Some things to consider also:506c and 506b will cost around $10k to setup. 

I don’t imagine they won’t understand that felony convictions effect decisions. 

Thanks D  Effectively, if you use a 1031 exchange, think of it similar to the replacement property doesn't exist for tax purposes and you kept the old one.

You need to factor in rehab, buying, holding and selling costs, because that is what the flipper will factor.

Those cheap areas look good on paper until realize how high turnover costs truly are.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Separately I have a non paying tenant I am evicting which will cost me c10 months rent but that is another story and buyer beware in dealing with NYC tenancy and housing laws - advice is hire a lawyer from day one of nonpayment.Two questions for the forum:1.

Investor Lab Events: These events tend to have a cost.

Good morning, the following property is up for sale at $250k.  114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.