Thanks so much for the reply!

Renting to a family can lead to disputes, so a formal lease is essential for professionalism.

Since I know it can do it so much better than I can.

So over the long term, I think it certainly could affect home and commercial prices.

How's your investing journey in NS so far?

I haven't bought a deal or anything I'm still saving up, I'm at 25k I'll hopefully be ready to buy in the next three years, otherwise the city I'm buying in is Barrie which is generally a great appreciation market, I've got two brothers Chris owns two rental properties and Ryan just bought his first partnering up with my brother chrises second deal, so I might partner up for my first deal I don't know yet tho depends on what my brothers want to do.when shopping properties I do remember from the book you shouldn't buy properties based off cap rates but im wondering at the beginning do you first skim this information say the property is listed at a 6% cap rates which is common in the Barrie market would I then would go walk the property and see if things are viably ok, once I believe it's resdy for a professional inspection I'll get information about deferred maintenances mainly capex based off what I need to repier I'll be walking the property with the professional and I guess he'll give me a rough cost of How much everything that is needed and when I need to get the work done due dates, also I don't know how to calculate how much I should set aside in monthly terms after I get the required information from the inspector I'll be doing this for the first time, if the pure cash flow is incheck  I believe usually NOI is usually around 60% including appreciation and mortgage income andone going deferred maintenances around 35-40%, now I'm ready to make an offer?

Outsource tasks like admin work or cold calling to virtual assistants (VAs) to free up your time for more important tasks.3.

We decided to market it as a 4 bed/1 bath with an office.Listing Price - $199,900Property Taxes - $2,230.13AssumptionsPurchase Price $230,000In this case I had seen similar properties selling for $225K - $250K so I felt the property was listed low to drive up interest.

SO MANY Interior Updates Include NEW LVP Flooring & Carpet Throughout, NEW Lighting & All NEW Interior Doors!

I work mainly on the north side on Chicago and many realtors from south side call an area C that I would call a D and area I call B they would call A My grading goes like this.....