Joel Oh
One platform strategy
2 January 2025 | 30 replies
(I also have a small hotel near the airport so great guess!)
David Fals
SFR or MFR starting out??
25 January 2025 | 3 replies
Someone is always getting a divorce, or has a distressed property they need to get rid of.
Ashley Smallwood
Keep or remove storage shed??
30 January 2025 | 2 replies
I am leaning toward removal because the floor is run down, the risk of increased pests or feral cats, and there is already a storage closet off the patio.
Chrissy Grimm
Recent experience with PayRange or ShinePay?
31 January 2025 | 4 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
I will add that to your question of 10% or 20%, you need to ask yourself whether you need the cashflow or not. 10% down would leave some money with which to buy more properties.
Alex H.
Flip as-is or Renovate
28 January 2025 | 4 replies
Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.
David Naphy
Cash out Refi or wait
23 January 2025 | 7 replies
However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves.
Huong Luu
Keep or Sell?
18 January 2025 | 1 reply
Looking for points of view on selling or keeping properties in Toronto, Ontario.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
Don't care for the Pistons or Cavaliers.