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16 January 2025 | 13 replies
Some of the national data sites have pricing suggestions that run both high and low.
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7 January 2025 | 3 replies
Hey there, I'm a UK National working in the US under a L1B visa.
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22 January 2025 | 5 replies
As a foreign buyer, you are to look for 2 things in particular: the temporary foreign ban (which they keep pushing further back) and the source - The foreign purchase ban which applies across the board. yes there are exceptions but if you are not a Canadian tax Resident (which it seems you are), you will need to look for communities where the population is less than 100,000 in general. - Another exception to note on that foreign buyer ban is the number of units/doors for your investment: I believe the magic number is 5+ as this would be considered as commercial Real Estate- In Ontario, you will also have to look our for the Non-Resident Speculation Tax (NRST) which imposes about 25% on the purchase tax.
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19 January 2025 | 47 replies
My “reasoning” is based on two points1- the current system of property records filing in a million different jurisdictions with expensive title searches necessary for almost every title transfer and mistakes still being made can be made much less expensive, much faster, and much more reliable through migration to some sort of “blockchain” National registry.2- Numerous investments have been divided into, and offered as tranches of the whole.
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23 January 2025 | 9 replies
If you see at least a few zoned in the designations you mentioned above, that's potentially a good sign that you can get support from the local Alderman's office, and approval by the ZBA (zoning board of appeals), to rezone.
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21 January 2025 | 7 replies
I've been on this board since 2010 and haven't found an example yet.
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31 January 2025 | 24 replies
@John Lasher I'm in Multifamily Wealth Nation and it's really solid.
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3 February 2025 | 79 replies
I can see the data for over 500 properties and this is the what the numbers show, as a general rule, across the board.
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10 January 2025 | 2 replies
Let’s look at the math.Pre-Covid, the National Apartment Association (NAA) released data showing that the average renewal costs between $5,000-$10,000 per unit.