If you’re worried about potential eviction, structuring the lease with both applicants financially responsible is a good approach.

Fewer new builds can limit supply, preventing dramatic price drops.Finding Opportunities – Rather than assuming prices will decline across the board, look for motivated sellers, properties that need work, or areas where short-term uncertainty creates long-term opportunity.

This structure prevents double taxation by ensuring the income is recognized as partnership income, which aligns with how the CRA treats LPs and LLPs.However, there is a caveat with this strategy.

Keeping open communication with guests while reinforcing expectations goes a long way in preventing issues.

I am new to the real estate investing game but it is my hope to close on my first deal this year. If I close on the deal and make good cash flow and the market crashes, what happens? If the value of the home goes down...

I completely understand the hesitation about paying a recurring fee when many of the biggest value-adds—pricing strategy, design, and preventative maintenance—are front-loaded efforts.

What can go wrong, how to prevent those things from going wrong in a JV and tips for ways to solve those problems when they do go wrong.As a JV money partner, those are the most important issues.

The goal is to give CRE professionals more accurate pre-construction cost estimates and prevent costly surprises.I’d love to hear from the seasoned developers here:How are you currently handling site cost estimation, and what’s missing?

Prioritize Communication with Your TenantsWhy: They’re directly affected, and maintaining trust is essential to prevent disputes.How:Sincerely apologize and keep them informed about the steps you’re taking (even if progress is slow).Consider offering additional compensation (like another rent reduction, covering temporary shower solutions, or a gym membership for shower access).Document everything in writing to show your good-faith efforts, this can protect you legally if tensions rise.2.

.🚨 Potential Issue:While this method reduces visibility, some lenders may still flag it.