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22 February 2025 | 15 replies
The last point that I would make is you need to get into 3-4 pillars of the business that you will have for the long haul of real estate.
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11 February 2025 | 10 replies
HML is usually a last resort, unless you intend to flip the property or are looking at properties that need significant rehab.
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8 February 2025 | 2 replies
Some will slip through your fingers, sellers will ghost you, and contracts will fall apart at the last minute.
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21 February 2025 | 15 replies
I imagine it’s a relatively short drive from Southwestern Ontario, and it offers some unique opportunities that align well with what you’re looking for.Detroit has seen tremendous progress over the last decade, with significant investment and revitalization in many areas.
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16 February 2025 | 28 replies
In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.
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24 February 2025 | 72 replies
Here's the red flags that we had missed when we were still fairly green: 1) Credit card declined so they gave us a different card from their "sister"2) Booked last minute3) Locals4) We had even asked for an ID so they sent a fake passport but the name was spelled slightly offThey had parties at the property and destroyed some things.
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16 February 2025 | 14 replies
In the last 20+ years, I’ve never received any interest from ANY of my landlords.
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31 January 2025 | 7 replies
No 4 unit multifamily has sold in the last 2 years.
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4 February 2025 | 2 replies
One insurance claim and it will pay for all the premium you paid in last 10 years most likely.
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29 January 2025 | 16 replies
Verifying last 2 years of rental history very important!