However, the Renters' Rights and Stabilization Act of 2024 now caps security deposits in Maryland at one month's rent in most cases, limiting landlords' ability to require higher deposits for higher-risk tenants​.

So you are willing to pay a commission, willing to work with agents, limit the exposure of the property by just the few networking groups you are a part of and expect to sell at the same price as those fully advertised across the platforms that 90% of buyers see?

If you plan to add more properties in Illinois, separating the two LLCs could also limit liability exposure between states.In Kentucky, having a holding company structure will avoid tax per LLC.

*Note that we interchangeably use the labels: Lodging House = Rooming House = Single-Room Occupancy (SRO) = Co-Housing PropertyThe building has 3 kitchens and 4 full bathrooms, on 4 floors:3rd floor: The 3rdfloor is ‘off-limits’ to the 1st and 2nd floor tenants, so the two 3rd floor tenants enjoy the exclusivity of their own entrance, and a kitchen and bath shared only with one other unit, plus some distant ocean and Boston skyline views.2nd & 1st floors: Eleven units share 1 kitchen and 2 full bathrooms, one on each floor.

I think this might be a low point because the Canadian government is trying to pump the housing market before the election next year by lowering rates, relaxing mortgage insurance conditions etc.Yes they have been putting in all these measures to prop up the housing market as they see the pending implosion writing on the wall. 

Hey William, great question - Conventional has limits but have you explored non-conventional DSCR loans?

Do you really believe  that someone with no capital, no experience, and limited education provided by 2 weekends at a guru boot camp is really going to be able to earn $100k annually by finding properties experienced investors spending $10k monthly on marketing to find have somehow missed, and then negotiating prices 50% below real value and flipping the properties to seasoned investors?  

You have to go in person for an auction, which limits competitive bidding. 

The name of the borrower then you of course still go after their LLC as well).So the seller sold the properties to the investor subject to existing loans (and the investor is sourcing financing even though he has limited equity)? 

The definition includes, but is not limited to: Negotiating, promoting, or advertising the sale, exchange, purchase, or rental of real property, or the granting or acceptance of an option to sell, exchange, purchase, or rent an interest or estate in real estate or a time share.