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30 September 2024 | 10 replies
Hey Jimmy, continue to build out our network, create a large flow of deals via wholesalers and agents, and leverage your money strategically.Keep us updated on your journey!
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30 September 2024 | 24 replies
- Dishwasher has been updated since photos were done to match the microwave. - Not much I can do at this point about the countertops, but that is a note that I will hold onto moving forward. - I do very much like the idea of a broker open, and didn’t know that was an option.
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3 October 2024 | 46 replies
A main thing that everyone should always do during their inspection period on a property is connect with at least 2-3 different property managers so they can get a better rent range/run numbers more other than listening to an agent that might not be as conservative in their numbers on projected rents.
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30 September 2024 | 17 replies
Conventional does not have this requirement at the moment, but there are rumors that Freddie will be updating guidelines soon to require 1 year of landlord/PM experience for investment property loans.
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29 September 2024 | 9 replies
Tenanted properties are extremely challenging to sell and the recent change in notice period has made that worse in BC.You are in a tough spot either way, only you know your financial situation and your numbers.
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1 October 2024 | 8 replies
Another option would be a lease option on the building where you lease it and buy it after a period of time.
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30 September 2024 | 5 replies
Each LP invests 70K, distributions start a year after investing as it will take time to lease up, returns 80/20 LP/GP split, 17 - 20% AAR, 1.70 - 1.80x Equity Multiple with 3-4 years hold period.
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30 September 2024 | 17 replies
While inventory can be tight, well-priced properties that are updated or renovated continue to attract buyers quickly.
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1 October 2024 | 2 replies
The mapping models are constantly being updated for reality being different than prior modeling.