New Tax Laws and How They Affect Us
Wednesday, March 20
Taking effect in 2018, the Tax Cuts and Jobs Act is the most significant change to U.S. tax law since the Tax Reform Act of 1986. And to the joy of many investors, the new law has made an array of positive changes to the federal income tax depreciation rules for real estate.Here are a few things ...
Value Assets in Charlotte Like a Pro
Wednesday, March 06
There are four main skills you must master in order to be a successful fix & flipper in Charlotte: Finding DealsValuing the PropertyPlanning/Estimating/Hiring for RehabDoing the RehabThe most overlooked is how to properly value properties. New investors find a deal that looks awesome, and the...
Best Markets for Discounted Prices
Wednesday, January 23
Discounted listings are becoming more commonplace, with 38 of the largest 45 U.S. markets seeing an increase in price reductions in December, according to a new report from realtor.com®. The highest number of price reductions on homes was in Charlotte, N.C., where 24 percent of listings were disc...
What Markets are Flippers targeting?
Tuesday, January 22
Despite the U.S. ostensibly shifting to more of a buyer’s market, flipping is still growing in certain pockets.Flips are popular, in part, because first-time buyers want affordable homes that entail little upfront improvements, according to Charles Tassell, chief operating officer of the National...
Great ways to Determine Vacancy Rate
Monday, January 14
Vacancy rate: This term denotes the percentage of a year that a property will sit empty. It is a very important calculation to include in your numbers when you buy a rental property in Charlotte, but it is also an “average” number that you should consider when determining the best location in whi...
NOI...What Is It and How to Calculate It Accurately
Thursday, January 03
You can calculate net operating income (NOI) for your real estate investment by using the generally accepted net operating income formula, which is your potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses. Keep in mind the net op...