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22 January 2025 | 5 replies
For example, for a 500,000 purchase, the Land Transfer Tax would be approximately 6,475 while if the same house was purchased in the City of Toronto, expect to be charged about 12,950.And as a foreign buyer, a premium would be added: I really don't know the numbers here anymore, consult with a Real Estate lawyer for an estimate here.- Work Permit ?
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17 January 2025 | 21 replies
Hi Nathan,I have a buddy that is currently house hacking in the Akron area.
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20 January 2025 | 3 replies
This is the heart of the reason housing isn't mroe affordable, that landlords bear these types of costs every day.You could probably find cheaper labor, especially to haul away the junk, but not easily as an out of state investor.
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6 January 2025 | 25 replies
You have acquired skills that are worth 500k, so maybe you can translate that into an adjacent career path and leverage your existing skills?
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23 January 2025 | 7 replies
So back to being a real estate investor: the only way to be one is to buy a property and create value out of it, whether through finding a below market value house and selling for a profit, or renting and creating cash flow.
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15 January 2025 | 10 replies
Here’s how it works:Population Decline or Stagnation: If the population is static or shrinking, the current housing supply meets demand, and property prices decline (in inflation-adjusted dollars).
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22 January 2025 | 1 reply
Purchase price: $341,000 Cash invested: $136,000 Sale price: $519,000 A house that I bought, renovated, and sold.
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24 January 2025 | 0 replies
I had some success in doing a house hack short term rental with my first property and wanted to continue growing my portfolio.
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22 January 2025 | 22 replies
Would like confirmation on that though.For Solara, there seems to be no restrictions but a lot of houses for sale.
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21 January 2025 | 3 replies
I have an LLC which holds a 505k mortgage on a house in the Hudson Valley that I currently rent out on Airbnb.