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All Forum Posts by: Josh Garden

Josh Garden has started 3 posts and replied 4 times.

Post: 1% rule for return on investment

Josh GardenPosted
  • Rental Property Investor
  • Halifax, NS
  • Posts 4
  • Votes 4

@Lamont Chen Hey Lamont, what do you mean by legal? What would make it illegal?

Thanks

Post: 1% rule for return on investment

Josh GardenPosted
  • Rental Property Investor
  • Halifax, NS
  • Posts 4
  • Votes 4

I’m a first time buyer and wondering if the 1% rule is a good number just for starting out.

My current private seller is offering $190k for a newly renovated home, all new appliances, heat pump, wiring, plumbing, and it has an ensuite in the basement but we have yet to negotiate that number further.

The top unit pulls $1100 a month but she says it could be pushed to $1500 a month because it’s a 3 bedroom.

Bottom unit pulls $600 and is basically a studio. Top unit pays heat and electricity and the bottom unit simply just pays rent since it’s so small it’s hard to split the expenses.

Wondering what numbers fellow investors look for. What would you guys ask or negotiate with this particular deal? Thank you

Post: Anyone investing in Nova Scotia, Canada?

Josh GardenPosted
  • Rental Property Investor
  • Halifax, NS
  • Posts 4
  • Votes 4

Is anyone on BP currently investing in Nova Scotia? I live here and I’m a new investor currently targeting central Nova Scotia region. Just looking to connect! Thank you

Post: Beginners real estate book for my wife

Josh GardenPosted
  • Rental Property Investor
  • Halifax, NS
  • Posts 4
  • Votes 4

Looking to get my wife a good real estate agent beginners book for Xmas to get her motivated for her new career path