I wanted to start investing in multi-unit properties(5+), and before I jump in, I need to understand the basic math behind this type of investment.I want to try with classic strategy of buying a value-add property, wh...

Hello all,I'm looking at a potential purchase and would like your advice or second opinion. I feel like I may not be taking something into account.Price: $300,000Property Type: CondoHOA Fees: $400/monthProperty Taxes:...

So I finally finished my first flip and overall, it was a pretty good experience.  To start, we got the perfect deal.  Our expected ARV was $250k at the time.  The house has been on the market for 2 weeks and is curre...

I went to the previous property auction from the city and I was astounded at the amount of people there.  I know there is a large amount of due diligence needed for these properties due to possible liens.  It looked l...

Ok my realtor sent me an email for a turnkey deal. it's a 34 unit apartment complex with management already in place. Strong well maintain community. The purchase price is $2,040,000 It was built in 1998, cap rate is ...

Found a potential deal today

Before I get chewed up and spit out, I'm just putting this out there, I'm a Cherry when it comes to investing. That's why I'm asking for lessons learned, and for thoughts that haven't co...

Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...

Hello All, I am looking to kick start the rest of my life in Real estate Investing! I am a 30 year old father of 4 with two added step children from my wife! I Am a local truck driver and most of my money is tied into...

I see several turn key properties in the listings.  Has there been success with these types of buys?  Using the analysis tools many seem to work based in the numbers even using a small buffer for inputs. Just looking ...

In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.

Fire insurance premiums.Rent or other charges relating to occupancy of the property b...