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6 February 2025 | 4 replies
We are considering building and holding townhomes but need to determine the costs.
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3 February 2025 | 7 replies
It has a text capability.With that said, I'm spending a lot of time in Twilio right now as I see huge upside coming in that platform.You could be up and running with Podio & Globiflow for text within a very short time.
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10 February 2025 | 3 replies
For more context, my REI goals are almost exclusively for long-term wealth/retirement (in my 30s).
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16 January 2025 | 1 reply
I purchased this before deciding to get in to real estate.I am trying to decide if I should rent the property out or sale it to buy something with long term investment in mind.
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13 February 2025 | 1 reply
I've also heard that traveling nurses are good mid term occupants, so try reaching out there.
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28 January 2025 | 10 replies
Personally, it’s something I always expect from a short-term rental, and it can have a huge impact on your reviews.To make things easier for both you and your guests, consider smart tools like locks, outdoor cameras, and smart thermostats.
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27 February 2025 | 2 replies
Im not a fan of seller financing unless that property is free and clear and the seller is offering reasonable terms NOT on money they have borrowed. just too many people get into this type of thing without understanding the whole picture, like title being moved into the buyer's name, due on sale clauses... etc. etc. also, just because its a very commonly overlooked guideline which makes financing on 3's and 4's a little challenging: FHA requires the property to self-sustain its own PITIMI by the rents.
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26 February 2025 | 2 replies
I haven't bought a deal or anything I'm still saving up, I'm at 25k I'll hopefully be ready to buy in the next three years, otherwise the city I'm buying in is Barrie which is generally a great appreciation market, I've got two brothers Chris owns two rental properties and Ryan just bought his first partnering up with my brother chrises second deal, so I might partner up for my first deal I don't know yet tho depends on what my brothers want to do.when shopping properties I do remember from the book you shouldn't buy properties based off cap rates but im wondering at the beginning do you first skim this information say the property is listed at a 6% cap rates which is common in the Barrie market would I then would go walk the property and see if things are viably ok, once I believe it's resdy for a professional inspection I'll get information about deferred maintenances mainly capex based off what I need to repier I'll be walking the property with the professional and I guess he'll give me a rough cost of How much everything that is needed and when I need to get the work done due dates, also I don't know how to calculate how much I should set aside in monthly terms after I get the required information from the inspector I'll be doing this for the first time, if the pure cash flow is incheck I believe usually NOI is usually around 60% including appreciation and mortgage income andone going deferred maintenances around 35-40%, now I'm ready to make an offer?
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16 February 2025 | 9 replies
thanksRyan @Ryan RuppertShopify is a great platform for e-commerce, but it might not be the best fit for managing STRs in the long term.
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7 February 2025 | 13 replies
Shortly thereafter, I got an email from the title company that was handling the closing of my second wholesale deal.