
9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.

7 November 2024 | 3 replies
I would expect the one in his personal name shows on his credit report as a mortgage and the lender will factor it in his DTI.

7 November 2024 | 8 replies
My main thing is in how little people have explained this concept to me.

7 November 2024 | 6 replies
Appraisals use GLA or Gross Living Area, that is your main house.

10 November 2024 | 18 replies
Hello, I have a two-unit SFH (first floor unit & second floor unit which share a main entrance but have separate private entrances once inside the house), located in California (I know...).

8 November 2024 | 14 replies
The main one being the location.

7 November 2024 | 9 replies
Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.

8 November 2024 | 1 reply
There is a burned out shell of a building located on a main street near our home.

7 November 2024 | 1 reply
I would always factor in PM even if you plan to manage yourself.You can still ask for a copy of the m2m lease to verify rental amount and what might be covered in that.

5 November 2024 | 28 replies
@George Bell my LLC's do two main things:1) Hide my identity, so tenants can't easily find me. 2) Separate my business and personal assets, income & expenses, not so much for tax purposes, but to avoid IRS issues.-- Just audited by IRS this summer for first time ever and had no issues!