I bought a 4-unit property in August ( 2 months ago ), it was my first property, and I inherited a section 8 tenant.

Purchase price: $298,000 Cash invested: $20,000 Sale price: $510,000 Personal home for three years, turned into rental property for next seven years.

I’m exploring investment opportunities in the Poughkeepsie area and have a few questions about some properties I’m considering.

So let's say you spend $50,000 over the next 6 months to get this property going.

I've had an investment property and also done a flip.

If you are talking about STR insurance, there are a choices as well.Where is the property located?

After some research, we connected with a local Airbnb manager who took a look at the property and was very complimentary.

Section 1245 recapture is calculated at ordinary tax rates, which leads us to recommend holding the property for at least four years when considering a cost segregation study.When a property is sold, the fair market value of Section 1245 property may be uncertain.

I have two LTRs out of state that are managed by a local, fantastic property management company.

He along with two partners have been buying properties in the areas surrounding Atlanta for a few years.