Jason D. Lewis
Investment will require mass eviction of seniors!
2 December 2017 | 4 replies
In B.C. you can evict if a reno is required, renoviction.Here are the after reno numbers in CND dollars:Aquisition costs:Purchase 460kClosing costs 9kDown payment 115k (25%)3.1% rate on a 30 year Am (no other loan cost)Monthly expenses:Management fee (use local handy man on hourly basis, handle rents and tennants on my own) $150/monthProperty tax $336/monthRepairs and maintaince $435/month Insurance $120/monthReserve $300/monthRent Roll:Rent 1k per unit, 6k/monthVacancy 5% ($300/month)Reno cost:Renos 30kARV:650k (conservative)ROI:Cash flow $2,885.00CoC 22.49% (including reno costs)ROI 27.07%Cap rate 11.37%Looking for input, thoughts or similar experiances.
Barry Je
Hiring firms to do due diligence
4 December 2017 | 7 replies
IE consult with investors and do their due diligence on the syndicator the project etc.charge a nominal fee but give the investor some piece of mind that a third party went through the offering docs.. did some due diligence on the market and such.. ???
Marcus Maloney
Rental Payment Online Collection
7 December 2017 | 9 replies
However, for a small $2.99 fee, you can get your rents in 3 days.Cozy is always adding new features, which is one thing I like.
Haresh Melwani
Best way to refinance 12 units made up of separate properties
1 December 2017 | 7 replies
You will have to pay separate appraisals and lender fees for each ball park $2400 - $3200 depending on the lender.
David Flores
Investing in Land - Tax Delinquency List
5 February 2019 | 50 replies
So in total fees will be around 5,150 dollars (due to additional lawyer costs).
Mark Webb
Bitcoin VS Real Estate
18 December 2017 | 15 replies
Amazing about Charles Schwab (Where my Index Funds are), is they have the lowest fees in the industry.
Robert Hastings
Selling and Buying primary house, possible to close at same time?
1 December 2017 | 3 replies
In Canada their fees are paid by the bank (usually) so there is no cost.Hope so of this helps.
Dana N.
Purchasing House - Need Advice About Closing
3 December 2017 | 2 replies
The fees are way too high.
Lazaro Vento
Airbnbing properties without owning them
2 December 2017 | 9 replies
Are you paying taxes and fees in accordance with the law?
Account Closed
what is the 70% formula? how can i find out the accurate numbers?
16 December 2017 | 49 replies
But you want to make 5 grand on an assignment fee so the max offer you can make is 45k. 70 percent is used because you need to leave enough room on the spread for your cash buyer to make money, otherwise they won’t want to buy it from you.