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22 January 2025 | 22 replies
I would also cut down on the photo count.
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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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12 January 2025 | 5 replies
FHA and Conventional loans will allow schooling to count as work history.
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14 January 2025 | 2 replies
FHA now allows us to count rental income from an ADU (additional dwelling unit) to help borrowers qualify.
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19 February 2025 | 19 replies
I want money and a great quality of life, not a high door count.
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15 January 2025 | 8 replies
I've painted more walls, ceilings and trim work than I could ever count in my lifetime and *I* suck compared to professional painters, and most of my paint jobs could pass for lower-end professional jobs.
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3 February 2025 | 31 replies
We need to start tracking the stats that count around here!
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18 January 2025 | 8 replies
That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%
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14 January 2025 | 10 replies
The primary issue is that building small unit in a single count is some of the most expensive development.In addition, in most jurisdictions the primary unit will become rent controlled (assuming more than 15 years old).
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11 February 2025 | 167 replies
Unless you count "hope it goes up" as an asset.