I have been given 3 CMA's for a short sale property. I am confused on what number I am multiplying the 65% or 70% to. The ARV or the lowered asking price? I hope I am asking this question correctly.

A friend shared this map with me today. I thought anyone who hasn't seen it and was interested investing out of state would find it interesting.http://lifehacker.com/the-best-and-worst-places-to-become-a-landlord-1599...

When asking a seller about their repairs on their home, are they usually honest about it?

Tesla executives have pledged to create at least 5,000 jobs at the $1.1 billion plant. But its expansion into Central Texas is poised to have a much larger impact on the region's workforce, in the form of more jobs fr...

Hello, we recently purchased a 4-plex (25% down) with a basement area that was storage. We've since remodeled the basement so that it's a great single bedroom apartment. We've also remodeled several other units, incre...

Hi family! I don’t currently have the funds for a down payment for a rental property.  Would it be worth it to get a HELOC of $20k on my primary residence to use for the down payment to get me started?  I’m guessing t...

I own a condo in a multi-unit condominium in Manhattan.  I recently rented my condo out.  I want to depreciate the asset using MACRS over 27.5 years.  The IRS wants the building's value in order to determine depreciat...

Hello,I know this questions seems a little too vague, but I'm new to researching apartments and have a potential 12 unit townhouse complex grossing 100k/year.  Rent increase possibiity is there to increase gross to $1...

I read somewhere that a quick way determine the fix up cost is to multiply the square footage of the property by $10.00 , is this true , if not how do I learn how to estimate the cost of repairs?

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Bronx.

Purchase price: $200,000

Cash invested: $40,000

Sale price: $425,000

I purchased this property from an Absentee...