
30 September 2024 | 3 replies
Is this simply stating that for that time period I cannot disclose this or any info from their firm for 2 years?

1 October 2024 | 9 replies
If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE.

1 October 2024 | 26 replies
if after 48 hours of “bank hold” or NSF on end of tenant, and timeframe is already beyond grace period, late fee or returned chk fee gets applied.

30 September 2024 | 6 replies
Try to take care of your necessary electrical work before you get to your marketing period.

30 September 2024 | 5 replies
•If your startup costs are $55,000 or more, you wouldn’t receive an immediate deduction but instead would amortize the entire $55,000 over the same 15-year period.

1 October 2024 | 6 replies
You don’t have to be as strict as a traditional lender, but it’s wise to check their credit score, employment history, and income stability.Flexible Terms for Stronger Buyers: If a buyer has a strong credit history and steady income, you could offer better terms (lower interest, smaller down payment, longer balloon).Tighter Terms for Riskier Buyers: For buyers with weaker credit, you might require a higher down payment, a higher interest rate, and/or a shorter balloon period.6.

3 October 2024 | 26 replies
@Seth Todd there is absolutely nothing the requires price appreciation and rent growth to stop simply because they have been ongoing for any period of time.

3 October 2024 | 46 replies
A main thing that everyone should always do during their inspection period on a property is connect with at least 2-3 different property managers so they can get a better rent range/run numbers more other than listening to an agent that might not be as conservative in their numbers on projected rents.

29 September 2024 | 9 replies
Tenanted properties are extremely challenging to sell and the recent change in notice period has made that worse in BC.You are in a tough spot either way, only you know your financial situation and your numbers.

1 October 2024 | 8 replies
Another option would be a lease option on the building where you lease it and buy it after a period of time.