
20 August 2024 | 10 replies
(Costly but will eliminate need of gas bill, can tie into electric).The money I see is in the expansion over the next 2 years. 10 more units, 14 storage units, and on site laundry(already plumbed).

19 August 2024 | 6 replies
@Carl Rowles we screen all tenants exactly the same, but know several of our local competitors cut corners to attract more S8 applicants - waiving application fees, security deposits, etc.You can try to weed out applicants that have poor "house maintenance" skills by doing surprise zoom calls and asking them to show you their kitchen, bathroom and another room.

18 August 2024 | 11 replies
I prefer to hire concrete cutting because they will use a big hydraulic powered saw with the power unit on their truck.

20 August 2024 | 452 replies
At this point I still have $25k tied up in the property.

16 August 2024 | 19 replies
Sounds like you might be better off to cut your ties to this one sooner than later.

20 August 2024 | 9 replies
On the other hand, if you are netting significant profits (e.g. 100K+ per year, but I really don't know where the cut off point is) in the US, the overhead may be worth cost / aggravation.I am curious what structures Canadians are using and at the end of the day, what is the effective marginal rate they see.

18 August 2024 | 2 replies
Construction debt is expensive right now, but with the Fed (most likely) preparing to cut rates, the cost of construction debt appears to be on its way down in the coming months.

18 August 2024 | 5 replies
I have a STR house in a resort town, but the city’s new stricter policies have really cut into my revenue.

18 August 2024 | 3 replies
What my accountant did is, she declared most of these as Capital Expenditures, then she turned around and depreciated them in one year per the 2017 tax cuts and jobs act.

17 August 2024 | 12 replies
So to automate that, you can use Zapier to either tie it in to your PMS, or tie it in to any email address where you get a notice that you got a booking.