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30 October 2024 | 1 reply
@Daniel DeBruin, this is really all market dependent and how much you want to spend versus how much it will impact both the rent you can achieve as well as the quality of tenants it attracts.When it comes to design, it is all a bit personal opinion, but I will say: contiguous flooring always trumps mismatched, hodge podge flooring.
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31 October 2024 | 17 replies
The house was less than 5 miles from the Mexican border so undocumented folks and their smugglers came by our house often.
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1 November 2024 | 8 replies
I am trying to get a neutral scheme that will appeal to a range of tenants, and by doing so leaning towards a more natural or darker wood look instead of a grey for the floors but there are a bunch of color options.Any opinions or tips in the matter are much appreciate, and if anyone has used this color scheme with Lifeproof flooring before that would be great!
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2 November 2024 | 19 replies
I’ll add some details to the mountain houses which will shed some light.The houses are aging and I’m doing a lot of wood, siding and deck component repairs plus they need staining quite often.
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31 October 2024 | 5 replies
@Rashim Sharma your biggest challenge will actually be finding a lender.There are two banks that have offices in USA and Detroit that often will lend to Canadians buying in the USA.Can refer you to a Tax Attorney here is the US that has hundreds of Canadian clients with US properties:)
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2 November 2024 | 8 replies
I was approached often in California to be an rmo and even though the money offered was quite good, I passed, because of the work required and the liability.
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1 November 2024 | 48 replies
Beyond BP, there is a lot of confusion in the accounting community as well but the same rules have been in existence for quite a while and often were not studied since STRs have never been so popular.
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31 October 2024 | 3 replies
Often times the threat of an eviction which will show up on their record is enough to get them to leave.
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31 October 2024 | 5 replies
Often times you don't need all the bells and whistles they are more then happy to set up for you (and charge you along the way)
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30 October 2024 | 16 replies
Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------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 Class A property in Class D area, what quality of tenant will you get?