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14 October 2024 | 19 replies
For rents to increase faster than inflation, there must be significant and sustained population growth.Sufficient income to replace your current income: This will require multiple properties.
15 October 2024 | 3 replies
If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.
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16 October 2024 | 1 reply
It’s a landlord-friendly market with strong population and job growth, making it attractive for investors.
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24 October 2024 | 55 replies
Lets say that their coaching was for a year and it cost them $10,000 and the average student bought 2 homes in the year and gained an increase in equity by $80,000 and they felt that they were confident in finding and purchasing good deals after the year was over.
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18 October 2024 | 7 replies
A typical 6kW system could generate around 7,000-8,000 kWh annually, potentially saving you about $1,000–$1,200 per year on energy costs.Increased Property Value: Solar panels can increase your property value, potentially adding 4-5% to your property’s sale price.3.
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20 October 2024 | 8 replies
Short-term rentals tend to do better with cash flow, which is increasingly difficult in a saturated, heavily regulated market.
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19 October 2024 | 4 replies
Pete area in the next 4-9 months but have been watching supply and days on market steadily increase and asking prices drop on a weekly basis.
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23 October 2024 | 38 replies
Also all the "bad" reviews on this thread have reached out publicly and retracted their statements due to the increase of quality in their experience.
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15 October 2024 | 6 replies
There has been strong population growth, consistent appreciation, and a robust economy.
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25 October 2024 | 66 replies
But sheesh that's just so sad and it does nothing but cause more pain and suffering for everyone else who isn't even involved and has to pay for the wrong doing of others, ie increased insurance etc.