Not only would I learn more but I would also gain confidence in myself to trust the numbers I come up with and know a good deal when I see one. 

PLEASE LEARN FROM MY MISATKE!

I just bought my second multifamily house last Monday. Yippie! My girlfriend and I were happy, we’re moving up the ladder - all smiles. We bring our contractor through and he’s frowning ...

There’s a lot of investors interested in taking advantage of the new tax benefits around it.

Equivalently, it is the discount rate at which the net present value of future cash flows is equal to the initial investment, and it is also the discount rate at which the total present value of costs (negative cash flows) equals the total present value of the benefits (positive cash flows).Can you shed some light on how you calculate the IRR for your rentals?

Before looking into these, we need to figure out if there's any benefit for you in increasing depreciation.

I gained the most knowledge from my first property.

I believe more often than not the main folks who really benefit from turnkey deals are the people who rehabbed them and the people who sell them. 

Build value by knowing the solutions from the sellers perspective, no capital gains tax on a sale because there is no sale it’s a lease option or lease purchase.

When you understand the roots of the right, you understand that judicial redemption rights never come into existence if the investor takes possession fairly quickly after gaining the tax certificate.

On the other hand, creating a C corporation for managing these LLCs and/or properties could have a lot of tax benefit and tax shifting strategies.