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31 January 2025 | 17 replies
The key to purchasing more real estate is by focusing on the fundamentals of the real estate.
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27 January 2025 | 1 reply
If somebody sues the buyer, I want seller and tenant both stuck with the words in the Tenant Estoppel Letter, and not able to testify to anything different.The exact wording of the Tenant Estoppel Letter should be negotiated between buyer and seller as part of the Purchase Agreement negotiations.
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23 January 2025 | 24 replies
I have a couple of buyers that will purchase without due diligence.
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26 January 2025 | 19 replies
Quote from @Joe Davis: Quote from @Jack Phillips: Quote from @Joe Davis: Yes, Go High level is good, so is podio if you can build it or purchase pre-built off the shelf like InvestorFuse.
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22 January 2025 | 5 replies
I have not every purchased property in Canada, but my wife is Canadian and I've seen some of the issues her family has had to deal with.
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3 January 2025 | 1 reply
This sounds like a home run and a great first purchase!!
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29 January 2025 | 68 replies
You can purchase through a brokerage account with much smaller minimums.
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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29 January 2025 | 14 replies
-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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4 February 2025 | 24 replies
We have worked together for 5 years, and two of your four properties, purchased I believe in 2022, have both renewed their leases and are operating smoothly.