
7 January 2025 | 3 replies
With Plus, you can use Classes to separate properties and accurately track income and expenses by unit.

9 January 2025 | 1 reply
I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.

8 January 2025 | 1 reply
I gained equity in the property, and I got higher rents which lowered my living expenses while living there.

11 January 2025 | 20 replies
It will be expensive to build.

8 January 2025 | 0 replies
Partner Driven financed the Main St deal by covering 100% of the $20,000 purchase price and $45,000 renovation budget, ensuring Amanda Frecks could focus entirely on project execution without the stress of upfront expenses.

8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.

14 January 2025 | 18 replies
Before the income subject to UBIT is calculated you can depreciate and deduct expenses and losses on that portion of the income so generally it's not as bad as people think.

5 January 2025 | 9 replies
You'll be on call 24/7.This is a controversial statement but the average property manager who has proven systems in place can most likely manage around 80-100 properties on their own, maybe more or less depending on how many hours they want to work.

6 January 2025 | 13 replies
Find the best property you can afford that also can produce enough income so that your monthly out of pocket expense is equal to or less than what you'd pay in rent.

6 January 2025 | 7 replies
i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough.