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5 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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14 January 2025 | 25 replies
It looks like according to the county site (sbcounty.gov) they require all renter payment go to the active owner.
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19 January 2025 | 5 replies
As long as the rents can cover both the current PITI and proposed P&I payment, credit is at least 680. you should be able to qualify.
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15 January 2025 | 8 replies
Start by serving proper notice of the management change and request payment details.
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25 January 2025 | 17 replies
Rent to Retirment (RTR) has very recently announced the RTR academy that investors can join for a one time payment to learn everything about investing.
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11 February 2025 | 183 replies
Having a small unit that would pay half of your mortgage payment is worth way more than 20-50k.
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26 January 2025 | 15 replies
They are able to See a COC return within weeks of the down payment, when the unit rents.
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6 January 2025 | 57 replies
The maximum leverage I have ever seen in trading accounts is 50%, and that's very limited and select.
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19 January 2025 | 9 replies
I still remember the first loan payment coming due and wondering where that money was going to come from!
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14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.