@Mike Gi be sure to check Airbnb longer stays and Furnished Finder to see what your competition's pricing and decor are like and make your properties pet friendly if you can as this is always a way to out compete the competition.

.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .

Myself and the majority of people on BP that call themselves real estate investors, should be calling themselves real estate business owners.

Henry,I take it these lots are sold to owner builders who want to build their own home ..

I bet that essentially no one is starting new construction projects, which bodes extremely well for owners 2-4 years from now.- Prices for insurance policies will never go back down, but it is not unreasonable to expect costs to rise at a more predictable pace from here.

The sale evidently resulted in Quest’s owners getting zippo (hearsay, working to confirm that). 

If you need cash for remodeling new home do a LOC on your owner occupied house before you rent it. 

If the partner moves out of state next year they are still a 10% owner, but you simply hire another property manager for that same 8-10%.

We feel this encourages/trains good payment behavior:)We have several MoveIn Specials owners can approve like, free TV, Washer or Dryer (used), etc.Our main goal with MoveIn Specials is to stand out from our competition. - Just lowering the rent really doesn't do that.

I had to explain to her that when I rent from you, I have temporary owner's rights and you can't just walk into my house whenever you want.