Financing in Jacksonville>Question Details

Sweekhean Ch…, Both Buyer and Seller in 95035

Paid cash for a property in Florida for $56K 3 months ago, repair and remodel add another $10K, COM on the same neighborhood with similar size is arou

Asked by Sweekhean Chai, 95035 Mon Sep 10, 2012

Help the community by answering this question:


If you finish your question, I'd be glad to help.

Jeff Metcalf, REALTOR(R)
Watson Realty Corp.
0 votes Thank Flag Link Wed Sep 19, 2012
Hi Sweekhean

Have you considered renting out the property once it is completed. You will have more of a return on your investment within two years rather than just making a quick 10k. With the tax laws changing next year the right off maybe better with the depreciation of an investment property. Please check with your CPA for more details.

I would love to help you find more properties and help you find the ones where you will make more than $10k profit.

Claire Meadows

904 386-4358
0 votes Thank Flag Link Tue Sep 11, 2012
If you are planning on selling this property I can prepare you a CMA for the neighborhood depending on the location, give me a call.

Orin Smith
Broker Associate
All Real Estate Pro
6672 Banbury Road
Jacksonville, FL 32211
Phone office: 904-743-3050
Cell: 904-728-3729
Fax: 904-517-8116
0 votes Thank Flag Link Mon Sep 10, 2012
Where is this property? Different cities and areas will be different.
0 votes Thank Flag Link Mon Sep 10, 2012
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