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22 January 2025 | 5 replies
Look out for rules around that extra tax, and IĀ believe one can apply for a rebate or refund of this tax within certain conditions.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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20 January 2025 | 7 replies
The cash on cash return is only meaningful when you evaluate it based on your long term plans.
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18 January 2025 | 0 replies
Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth
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31 January 2025 | 3 replies
Oregon is a prime region for seller and creative financing on real estate transactions. I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on ...
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21 January 2025 | 20 replies
Flat Fee MLS Brokers for sellers have been around for a long time, but Flat Fee Broker/Agents for buyers with a cash credit/rebate of the buyer agent commissionĀ are quite new and just starting to get some market share.
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21 January 2025 | 3 replies
., downtown Fort Worth and Texas Christian University).My Goal:Iām focused on cash flow, and this property seems like it could work if I can stabilize it.
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17 January 2025 | 23 replies
A grand negative cash flow is not the issue.
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20 January 2025 | 6 replies
Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.
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19 January 2025 | 18 replies
Now I know what you all are thinking -- that place is not going to cash flow!
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14 January 2025 | 6 replies
The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?