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Account Closed Buying property from family

27 August 2014 | 3 replies

While searching for my first investment rental, a family member offered to sell me their home (single family) for the amount of their remaining mortgage which is roughly 200,000. The home value has been assesed at 322...

Hami Day Fixer-upper was a great learning opportunity

18 February 2021 | 1 reply

Investment Info:

Single-family residence buy & hold investment in Provo.

Purchase price: $225,000

Cash invested: $60,000

Small duplex just south of BYU campus. Renovated it ourselves and very ple...

Meka Cayce Amazing Renovation - Fix & Flip in Kansas City, MO

17 March 2022 | 0 replies

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $30,000

Cash invested: $175,000

Sale price: $299,000

This was a fix and flip that MOOD Homes did for a client. ...

Solomon Oh RE: Remodel + Addition in Mountain View

25 April 2022 | 2 replies

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,595,000

Cash invested: $350,000

Sale price: $2,717,500

A value add project completed in one of the hottest m...

Ian Murray House hack - all in below housing allowance

1 August 2022 | 0 replies

Investment Info:

Single-family residence buy & hold investment in Carlisle.

Purchase price: $350,000

Bought this as a house hack using a VA loan. We will live in it for two years while stationed her...

Andrew Underwood Can I depreciate my house turned rental at current market value?

24 August 2022 | 4 replies

We are looking for a new primary residence, and want to turn our house into a rental. Can I depreciate our house based on current values instead of the original sales price 12 years ago? Do I need to get it appraised ...

Crady Seymour Estimating Rental Property Expenses

15 September 2022 | 3 replies

Hey everyone- I'm just getting started with this REI journey. Perhaps a dumb question, but will someone please answer it anyway?...
When I am using the Pro Tools Rental Property Calculator- how do I come up with the ...