
19 December 2024 | 5 replies
I have been working with the title company who wants me to changes this to purchase the property and put my name as the manager.

19 December 2024 | 6 replies
One of my tenant works for an Industrial company in the area.

18 December 2024 | 8 replies
This is a very labor intensive process for most big box skip trace companies because it cannot be automated.

22 December 2024 | 21 replies
I represent a company that packages RTO opportunities mostly in central Canada.

2 January 2025 | 37 replies
We don't allow hard money lenders, only the sponsors (real estate attorney, title company, and my lender) and they don't pitch either.

19 December 2024 | 7 replies
Today I got a certified letter stating a lien has been placed on the property by the landscaping company they hired but have not paid.

15 December 2024 | 13 replies
But 1k a month in utilities definitely seems high.

19 December 2024 | 12 replies
As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years.

19 December 2024 | 4 replies
I haven't used REI Nation, but I have done due diligence with two turnkey companies that I am on the waiting list for properties that work for me.

22 December 2024 | 1 reply
For example, many of my off-market properties came through connections with other property management companies and real estate agents who knew I was serious, trustworthy, and ready to act.One of the pivotal moments in my career was realizing that real estate isn’t just about the numbers—it’s about the people behind them.