You bought this with only $30,000 ??????

Hi all –Disclaimers:I don’t have any experience with industrial real estate - or CRE generally speaking for that matter.I will be keep this post intentionally vague for the sake of privacy.

Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.

I’m just starting out and in need to renovate a house for rental. 

This article gives a very helpful starting point.https://www.biggerpockets.com/blog/core-four-real-estate-teamThere are a lot of markets that do have a large selection of MFH that cash flow.

John this is great advice, thank you!

To find your cost basis, check Form 4562 (and depreciation) in your tax return—this shows the property's original value for depreciation.

Im just starting out - looking for ways to break into the real estate world.

I am converting this back to a duplex, going to live in one half and rent out the other.

I have used this as an entry point for a ton of investors here in the Scranton area and it's a great option to take since you have it!