Should you keep, refinance, or sell your rental property? If you’re sitting on a low mortgage rate and plenty of equity, you’ve probably asked yourself this once or twice within the past year. Most people who bought a...
Dave G.
Calling all CPAs - Depreciation Recaputure Tax Rate
I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...
Joe Fairley
Check My Numbers: 16-Unit Construction on Gulf Coast of Houston
Am I missing something?Commercial Property Valuation = NOI (Net Operating Income)/ Cap Rate (5.5%)$7,291,636=401040/0.055If I could acquire this brand new construction for less than $3 Million, is it worth it? and is ...
Brian Tome
3 Year BRRRR Testimony
We bought this little 2 bedroom 1 bath cottage in Elkton, Maryland for $45K in 2018. It was in need of a complete rehab and we put another $80K into it before renting it to a nice young lady in January 2019. After...
Mark Aqua
Is a cash out refi worth it if the interest rate increases 1%
Hi everyoneI’m looking to do a cash out refi on my rental property so I can purchase another property. I am able to pull 45k out of the property but my interest rate is going to jump 1%. I’ll be losing $350 in cash fl...
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Nalo Coban
To pay off or to save??? that is the question
I am wondering if I should knock out my car note early or save and build on my additional savings? Although I have roughly 18months on my car loan, I would like to pay it off by the end of the year so that I can buy m...
Jeremy Altdorfer
I'm going from going from duplexes to 24 units and I don't want to F*** it up.
I have 8 units so far, all duplexes and SF in Toledo & Cleveland, Ohio. My family member wants to invest in a 24 unit apartment with me so I'm trying to run the numbers.
My question:
What reasonable terms can I ...
If you’ve been thinking about buying a house in 2024, you already may be too late. With mortgage rates dropping, listings increasing, and spring buying season only a short couple of months away, NOW is the time to act...
Want a low mortgage rate? We mean a really low rate—like 4.75% in 2024 low. What about half a million in profit on a sneaky development deal? Or, maybe you’d settle for a quick house flip that pockets you $55,000 on a...