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9 January 2025 | 14 replies
You are limited in your options if something worse should come along later, such as a large investment going bad.If $10,000 CDN is a show stopper for you, how do you expect to manage a $600,000 CDN property?
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27 December 2024 | 34 replies
Quote from @Christian Pichardo: Quote from @Caleb Brown: Should you cut your losses and move on?
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20 January 2025 | 19 replies
Since I bought the duplex, I have noticed that ReadyREI tries to limit property viewing as much as possible, and I believe that the reason for this is clear - it is to hide issues and the condition of the property as much as possible.When I first spoke with Ready REI, I was told that they provide a “turnkey” house, that nothing needed to be done to get it ready for occupancy.
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8 January 2025 | 10 replies
My last visit was in 2021 and owners were limited to one guest per month.
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5 January 2025 | 17 replies
You mentioned that your DTI is over 50% with less 10% down, so that's not an option....that 50% limit isn't necessarily a hard-and-fast rule, so you may still be okay @ less than 20% down (not to mention not all lenders calculate income the same way).
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5 January 2025 | 17 replies
They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).
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30 December 2024 | 3 replies
I am exploring this area and have heard some noise regarding the further limitations on beach access points along the coast, creating some havoc for str owners.
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31 December 2024 | 4 replies
Or buy a thermal camera to check for heat losses, they have gotten really cheap.
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23 December 2024 | 12 replies
Third: even if your new toy qualifies for a huge depreciation deduction, your allowable deduction may be limited, and may even be zero.
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8 January 2025 | 10 replies
If your goal is to grow faster, buying rent ready properties isn't the usual way to do that if you have limited funds to start with.