The appraisal came in at $120k where the purchase price was $78k and $22k reno cost for all-in of $100k.

If a Cost Segregation Study had not been performed on this $60,000,000 multi-family property located in Murray, UT, it would have had first year depreciation of approximately $1,963,636.

With buying a home for personal use, what are the best months of the year to purchase where the cost will be lower.

It’s a great community for free info.

@Joe NguyenWe are rental property investors in Tampa; feel free to DM me and we can get on a call.

We did settle on splitting the cost of one of the siding jobs, but I should have asked for a bit more.

I think there will be some additional cost to do refi and reissue of title policy.  

The agent is going to learn a hefty cost for this and that's your business. 

You can use your extra $1000 per month x 120 months, so 120k, to buy more property.Whether you snowball you portfolio or you let it grow and then go through a partial liquidation to pay off the rest, both get you to free and clear in the end. 

@Daniel Tkach you need to be working with someone that does rehabs themselves to be able to tell you how much it's going to cost after walking it.