All Forum Posts by: Josh Taylor

I much prefer to use cash. You can get more favorable terms during the purchase as you'll have a much stronger offer. Once you have a couple under your belt, you can explore other finance terms for you next projects. Good luck!

If for example, a tenant puts a hole in the wall, and lets me know. I have two options, 1) I could pay someone to fix it, and send them a bill, or 2) I could fix it myself, and bill them a much smaller amount.

I've heard that billing tenants for your time to fix something isn't always legal. Can anyone enlighten me regarding the rules about such a situation? If I'm not able to bill them, why fix anything instead of getting someone else in to do it?

Lastly, does the answer change depending if I'm a full time landlord, and would the answer change if I was a registered contractor as well.

Thanks for your help.