Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $183,750

Cash invested: $183,750

Duplex in Independence MO purchased with cash with my business partner and ...

My wife owns a rental property that we plan on selling in the near future, ie coming months.It is a complex situation, but I am having a hard time coming up with the cost basis of the property, estimating the depreciation, which will ultimately give me an idea of the tax bill due at conclusion of the sale.first, the property was purchased (~1988) with what sounds like a lease purchase agreement by her parents (close family member bought the house, parents made lease payments over time with eventual outright purchase of the home from close family member). in 2008, they move into new home but keep as rental. shortly thereafter, second mortgage made on home to cover costs due to family business that eventually went under.

I am considering converting my single family home in Richmond VA to a rental, this would be my first step into the real estate world.

Eventually you'll find those cash buyers / investors who are also hungry for a good  wholesaler who can feed them consistent deals.

It’s especially hard on a zoom meeting (hopefully we will be back in person eventually) You are welcome to give it a try and see if the content and relationships are beneficial Wish you great success 

Purchase a few acres of land in Maine near a ski mountain and golf course... hold it and eventually build a small home to be further expanded in the future.2.

I eventually found a place in the right location, the right price and I got an accepted offer!

So I recently had a contractor look at a property that has a 2 car garage that I'm hoping to convert into 2 studio apartments.

I'm in negotiations right now to purchase an existing plumbing business, then I will add handymen, cleaners, and eventually an electrician.I listened to a presentation from a Property Manager in Chicago that had 20 maintenance technicians, a 6,000 ft. warehouse with a full-time manager, and I think three maintenance coordinators.

We have a 500 sqft (walkable and above ground) crawlspace that the city says we can convert to an ADU/MIL, we have been quoted 70-90k for the build out with a GC (not including city planner or architect).