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9 November 2021 | 7 replies
A lot of people add fear is a huge component onto why you’ll hurt to lose some money.
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9 November 2021 | 36 replies
But didn't expected to find all other important components near the end of their life as well.
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9 November 2021 | 4 replies
I avoid buying any deals with any major negatives to it such as busy streets, near railroad tracks, in airport flight paths, having a large number of stairs to climb from street to front door, commercial unit next to or behind it (unless the play is to convert the usage of course), or any major factor that will hinder your buyers pool With a smaller buyers pool comes less competition for your unit and therefore, typically will make it more difficult to sell (longer hold times) and for less than the model match on a non busy street or without major detrimental factors.This opinion of mine comes from 15 years of experience and making some of these mistakes.
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14 November 2021 | 40 replies
I really think we, as landlords, have a long way to go to improve our image….. to that end I find stunts like the above to be detrimental to the long term legal health of being a LL.
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14 November 2021 | 15 replies
I feel that this component is a liability to have in a fridge IN a rental (single family in an intact, transitional neighbourhood).
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11 December 2021 | 4 replies
My hunch is that there may be some regulations or registration of rentals coming down the pipeline, but I'll be very surprised if the city pulls a move like Asheville (which would be very detrimental to the local economy in many ways).
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11 December 2021 | 12 replies
There are two components to successfully BRRR successfully.
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2 January 2022 | 2 replies
Like most investors I believe cash flow is a critical component of an investment.
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8 January 2022 | 13 replies
There is more to this calculation and other moving components which you can speak to your CPA about.
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5 January 2022 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.