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19 November 2018 | 9 replies
However you should never base a buying decision on something as small as a 1 time 1 or 2 month excess of vacancy.
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10 October 2018 | 12 replies
All you do is put a few pieces of dry dog food or cat food in it, turn it on... and zap.
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9 October 2018 | 0 replies
This is just the latest in an arduous process, to find the deal under market value on the land, rezone it to multifamily district (long and costly process), permit a six suite rental (difficult with many technical fire code and structural engineering challenges), build the units (using all my experience in home building and every possible favour and technique learned over the years to project manage), get financing to finish construction (from a private lender after the bank lenders totally dried up on this type of financing), and pre lease the units while under construction to quality tenants.
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9 October 2018 | 1 reply
Or any way of asking might be what is the most important information a tenant buyer must provide prior to qualifying for a Rent to Own program without being excessive in that it might by 6 to 24 months before a mortgage can actually be obtained.
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10 October 2018 | 2 replies
I have been analyzing deals and see numerous examples where it does not make since to move forward on purchases, but somehow people are still making excessive offers.
25 October 2018 | 193 replies
There are normally 3-4 threads on this subject running at all times here on BP.Those that extol the virtues of raising private money will be shouting from the rooftops that (a) they told us so and (b) now is the time to be raising PM, because the traditional bank debt avenues are going to dry up for a spell.
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12 October 2018 | 37 replies
Even a more modest debt like $50k will take any excess income that a young adult would put towards buying a home and put them 10-20 years behind previous generations, and that in itself will set back their accumulating wealth. this generation is well and truly f*cked.
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14 October 2018 | 17 replies
After an emergency fund in the business accounts, we also saved up excess from the rentals so that they could buy the next property. 4.
10 October 2018 | 1 reply
Concrete will wick moisture through it even if a basement is relatively dry.
29 October 2018 | 6 replies
Curious whether there is still opportunity to enter this space or if the lack of posts is a red flag that opportunities have dried up?