17 January 2025 | 5 replies
I am wondering if anyone has ever taken legal action against property managers, and if they think we have a potential case?
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17 January 2025 | 35 replies
I think PropStream is a must have.
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20 January 2025 | 19 replies
Next time don't think you know everything and choose to cancel the contract due to your own emotions.
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17 January 2025 | 5 replies
I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.
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24 January 2025 | 4 replies
I think it could be due to niche cabins still having a strong nightly rate but I’m a total noob.
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7 February 2025 | 31 replies
@Shayan Sameerif you are putting down 20% cash but borrowing 80% from a HELOC, i still think you won't cash flow.i also get nervous when people throw out entire states.
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21 January 2025 | 27 replies
You'd think 60 years would have cleansed all that but it hasn't.You might target social service and local agencies since this property was in the past a half way house or similar and was only converted to market housing to make the sale to you.
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21 January 2025 | 10 replies
We have a local competitor that brags they don't charge a maintenance markup, yet we know:1) They charge owners $60/hour for their handyman2) How much do you think they're paying their handyman?
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17 January 2025 | 11 replies
I think this is a solid method for building a portfolio and wealth.
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22 January 2025 | 5 replies
[I think someone else provided an example of this case earlier]-Now provided you do qualify for purchasing a house (4 units or less), you will have no problem qualifying for a mortgage with a Schedule 1 bank as long as you provide the down payment (35% minimum of purchase price) and confirm proof of fund and the source of it- On the proof and source of funds, the banks would want to see an income enough to cover the mortgage payment and other expenses. and in some cases, they would want to make sure they know how you're going to cover your expenses (housing, heating, etc..) where you live.This is usually where it gets annoying for some folks but if you can satisfy this, you should be able to qualify for a mortgage just likely any Canadian tax resident, albeit you will pay a little more in terms of interest rate, etc.