All Forum Posts by: Kevin Reinhardt

Hi everyone,

looking for some advice on the best way to structure a lease with some tenants. I have a family that is all older adults and they all work who would like to lease one of my properties.

Would it be best to put one individual on the lease and have the others just listed as people who would be residing in the residence? Or would it be best to have all four individuals on the actual lease agreement itself? Just wondering what everyone's thoughts are on the pros versus cons of each scenario most specifically if it came to them not paying rent or needing to be evicted.

Thanks for everyone's feedback and insight

@Cody Neustaedter if I can fit the November one into my schedule I'll be there. In the middle of a rental reno on top of all the regular family life commitments so we will see. Hopefully it works out and we can meet in person

@Darian Campbell thanks Darian

Hey everyone!

I've been able to get my feet wet, flip a few properties, and begin growing my real estate portfolio.

In order to accelerate my growth I think a mentor would be incredibly valuable but I don't know any real estate investors locally that are where I want to eventually be.

What are your thoughts and advice regarding finding, vetting, and figuring out if the particular person is a good fit for that mentor role?

Thanks!

Hey BP community,

I'm curious if anyone on here has attended the NREIC (national real-estate investing community) meet ups in Winnipeg. Just looking for general feedback if the events are well run and worth attending. 

@Trent Reeve

@January Johnson

Thanks for hijacking the post with your back and forth banter.

@Luke Carl thanks luke

Hey everyone.

Looking for advice on how to evaluate some potential str properties. I have some long term rentals and want to diversify.

I'm looking in a popular beach area in manitoba. There are a lot of air bnb properties already there so I can look at those to try and figure out a nightly/weekly rate. Sites like airdna don't have data on this area yet.

I'm wondering what everyone is doing to estimate or figure out their projected Occupancy rate? This way I can take that and my projected nightly rate to do a cost analysis on the property. Also if anyone has come across random or unique cabin expenses that one wouldn't usually think of feel free to drop a note in here too.

Any and all insight would be welcomed.

Thanks in advance.

Kevin

@Jessica Dawn Kalinski

Hey Jessica,

I definitely think winnipeg needs more meetups and opportunities to network. I'd love to chat and connect!

@Denley Thiessen how did this deal turn out?