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All Forum Posts by: Alex Kovalenko

Alex Kovalenko has started 25 posts and replied 76 times.

@Chris Baxter Thanks putting it in a perspective.. Will watch those videos how to analyze properties (I guess on youtube). Will try to ask more refined questions next time!

Hey can you someone help me with analyzing properties? ;) Like I understand we buy a house , then do a reno , then rent it out.. 

Where we are - they do not have dirt cheap houses, but what we have is houses around $250k-$350k USD built about 50-100 years ago, they rent for around $2k USD a month.. We also have condos around $250k-$350k USD that are a newer (10-50 years) that get about the same rent.. Am I looking for $300 positive cash flow a month? Is that a good deal? 

When you are buying houses for renting - what age is ok? We are looking at some houses built in 1905 is that super old? What about 1950s? 

Thanks for your help

Post: Canadians - US Mortgage

Alex KovalenkoPosted
  • Posts 76
  • Votes 45

Yes us too. Td - have bank accounts in Florida and Ontario .. credit cards in both also

It almost feels like buying a house outside hoa is much better 

@Jon Crosby Amazing thanks! Any way to research HOA policy on airbnbs on their websites? Thanks!

Any idea how to check zoning for permission to do airbnb? For example in Florida - places like Venice, Sarasota, etc.. if I buy a house, can I rent it out to Airbnb short term stays? what happens if its a part of association? Thanks for your help!

@Mitch Polatin Yes we looked at Ft lauterdale and love Boca.. but prices insane.. nothing decent under $400k-$450k.. I feel like in Sarasota 10 min from the beach we can have something super nice for around $250k-$300k. 

What am I missing ? Why is it so cheap ?? 

also is there way to know whether we can do Airbnb In Sarasota at condos or at houses ? How do we know