Damien Cox
Cash on Cash Return Question
I just want to make sure my math is right on this regarding my COCR.
$93,600 gross rents - taxes/insurance, - repairs (10% est.), - Cap-ex (10% est.), - Property Management (10%), Vacancy (5% est.)
net cash $53,1...
Selina Gruden
Interest deductable for cash out refinance
HI Real Estate friendly CPAs, I have a question regarding to interest expense deductible for cash out refinance.We did a cash out refinance for our primary residence in Nov, 2021, loan proceed is $755k. Paid off the ...
Paul Saephan
Capital gain tax owned for three years
Hello so I have a house which I held it since oct 2019 currently still own it. I spent one year renovating it then rented it to family for one year (was not posted on market or claimed on taxes due to it just being br...
Sriram Kumar Bikkina
Is Kingston, ON a good place for rentals
Hi All,I am looking at Kingston, ON for my investment property and am wondering if it's a good place for rental properties?Are there any areas/streets that we need avoid?Also, is there anyone actively invested in King...
John Carruthers
Funding Advice Needed
I am in need of advice on funding a renovation for a property I own. Long story short, it is gutted to the studs, I have a $115k mortgage, after reno value of $350k, I have funding avaiable but at 20%. I am looking fo...
John Williams
Mid-Century Farmhouse Fix and Flip
Investment Info:
Single-family residence fix & flip investment in Powder Springs.
Purchase price: $74,000
Cash invested: $142,000
Sale price: $199,000
What made you interested in inves...
Derek Simkins
Trying Out a Short-Term Rental for the First Time
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $590,000
Cash invested: $52,000
- Plan to live in 1 unit for a year and turn the other 2 units into short-te...
William Bell
I'm curious of everyone's reaction:
Is Grant freaking out because we are cutting in on his profits? Or does he raise some good points?
Ian Brown
Off Market Valdosta GA 83 Unit Value-Add Investment
Investment Info:
Large multi-family (5+ units) buy & hold investment in Valdosta.
Purchase price: $900,000
Cash invested: $300,000
83 Unit Apartment Purchased as Birchwood Apts then Renovated &am...
Patricia Steiner
From Bloomberg: "Wall Street Is Losing Out to Amateur Buyers in the Housing Slump"
Bloomberg Wealth reports that Institutional Buyers have taken a bath in the Phoenix housing market by "paying far more than they needed to on the way up and getting far less than they should on the way down." OpenDo...