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16 February 2025 | 29 replies
Think if one house grosses 1k/month, then it may net say $500/month (after maintenance/repairs, CapEx).
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15 February 2025 | 4 replies
And if the 25% tariff hits canadian lumber, then everything is going to shut down.I'd like to know when this country is going to actually do something to help new construction.
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21 February 2025 | 5 replies
They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve.
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20 February 2025 | 2 replies
Usually, it will be allocated by price or sq footage or something that is a common factor by your accountant.If you use the purchase price then 46% of the basis would go into the 170K house.
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13 February 2025 | 25 replies
If it is a duplex then I comp it like a house with an ADU.
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14 February 2025 | 21 replies
If you achieved this by paying all cash, then you are losing money.
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17 February 2025 | 7 replies
If you have the experience then you should become a broker and go for it.
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22 February 2025 | 11 replies
I am an advocate for buying real estate and then just holding it.
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17 February 2025 | 8 replies
The mold is like surface mold that can be cleaned with a household cleaning solution and a wet cloth, then dry the space out.
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21 February 2025 | 10 replies
Then set aside the equity to invest outside of a primary home.