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16 September 2024 | 5 replies
Also, put any repairs pointed out by the inspector into the following categories (by priority)1) Health & Safety - to avoid tenant injury and potential lawsuits2) Property Preservation - to stop further costlier damages3) Government Required - city inspection repairs & S84) Marketing Negative Impact - who'll rent a house with purple bedrooms?
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19 September 2024 | 44 replies
I don’t try to time the market because I have seen the M2 money supply chart and understand the government will always print money.That’s a solid perspective, and I completely agree with the concept of swapping fiat for something truly scarce like prime real estate.
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15 September 2024 | 2 replies
But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.1.
14 September 2024 | 10 replies
HI Shivani,Each individual property would be calculated separately based on when you purchased it (tax returns or lease agreements used either or or both in some cases) which the lender would subtract from the monthly PITI or mortgage obligation/taxes/insurance/assessments/etc.All the rentals whether positive or negative would then be added up into one number (net net).
11 September 2024 | 9 replies
Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negative cash flow.
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14 September 2024 | 23 replies
I would say about $8k average, sometimes reaching towards $20k depending on length of run and the difficulty of tie-in to the City main.I would not, as a buyer, wnat to take a chance on this..even if they are working well now, it is a ticking time bomb and a large expense.So I would wrap your head around the concept of offering a credit towards this item.
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14 September 2024 | 4 replies
Was then informed that the seller did not want to return my $2500 EMD if an inspection revealed negative findings.
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13 September 2024 | 2 replies
Live in one unit , rent out other unit and accessory unit, mortgage on the property would be about $6800, rental income would be : $3000 from additional unit , and $1500 from accessory unit and I would be occupying one unit , leaving me at negative $2300 per month .
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13 September 2024 | 2 replies
Good Afternoon,I have a business idea I need help building.Currently, on a PowerPoint, my understanding is that NDA is appropriate before sharing one's idea.One part of the mid-term rental market, side down the road option, adds a concept to the male dating market.How does one find someone to legitimately review the business plans?
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16 September 2024 | 16 replies
If you were given a 200k up front loan on a property that is only worth 100k in it's current state, it would mean the lender is taking a true negative equity position right from the start.