Mark Munson Thank you I love this site it is so helpful to a rookie😊

The move-in experience is so crucial so please do not skimp out on that.Quote from @Lateefah Mathews: @Tar-U-Way Bright I'm in agreement with everyone else here...House Hack!

In this specific case, as several pointed out, the risk has gone up and so the price should go down.BUT, there is so much more to consider.1) How long has the seller owner the property?

BP is so large now, unfortunately, there are a lot of "professionals" advertising their services here but don't know the REI industry.So, to protect yourself in the future, I'd ensure at least a few other REIs have worked with the professional you choose to hire and have received enough value from them to refer their services.You can always ask the professional for references as well and they should have no problem providing a few if they are good at what they do.Just my 2 cents.

Maybe the work is so extensive that it won't make them a profit?

Person-to-person referrals just in terms of content is so important.

Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment building. 4 years ago when I bought this property for 445k and I dumped in 200k and has performed incredibly well and rents have grown, the building is now worth around 1.1M.

Hi Nick, I believe it's hard to optimize given the prop values is so high in GTA.

BUT, once we applied for the card, we were rejected immediately because our debt is so large compared to our income because DUH, we are real estate investors.I figured a lot of other investors might have run up against this issue and I was wondering if anyone figured out how to work around it.

You also have to file UBIT taxes and most CPAs don't even know what that is. So