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28 September 2024 | 12 replies
While Canadian-specific groups aren't as prominent on Bigger Pockets, there's a thriving community of investors here who frequently collaborate across borders, especially when it comes to cross-border investing strategies and tax considerations.If you’re interested in connecting with more Canadian investors, I’d recommend starting by joining the BP groups focused on international investing.
30 September 2024 | 3 replies
We do sight unseen frequently.
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7 October 2024 | 190 replies
I’ve been deploying a frequent dollar-cost-averaging hoping (note: “hoping”) to not end up on the wrong end of an epic drop.
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29 September 2024 | 18 replies
For a Mid-term rental, I would say furnishing it with the cheapest but most durable furniture possible because of the frequent turnover.
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1 October 2024 | 2 replies
Overall we have vastly more “good” tenants, and the law allows you to get rid of the bad tenants and maintain a desirable place to live for the good tenants who you want to keep.High-maintenance <=> High-Return: Those prior two points drive what I meant when I said the cash flows and NOI should be about double what they are on a “vanilla” MF (multi-family) purchase at the same price point, but it can be a high-maintenance proposition to manage the screening on the front end, the day-to-day management issues, the more frequent turnover and vacancies, and the frequency of needed court filings to get the keys back from a tenant when somebody is not being a good neighbor to your other tenants in the lodging house.Bottom line: We think we were right on point five years ago when we identified that SROs fill a critical niche that is in extremely high demand.
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30 September 2024 | 16 replies
Some counties will only give you a list by email or tell you to look at the county legal newspaper, but many counties post a list on their websites, which are updated frequently.
30 September 2024 | 10 replies
Buying a piece of heavy equipment like an excavator or Bobcat can definitely save you money long-term if you're going to continue to use it frequently.
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29 September 2024 | 8 replies
If you plan to make frequent and extended use of the money, the a cashout refi probably makes the most sense.
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2 October 2024 | 48 replies
Initially I was worried about having older guests more frequently which is what I have heard about VRBO.
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3 October 2024 | 23 replies
Most buyers and sellers are vulnerable because they don't buy/sell real estate frequently; licensed agents (me) take pride in "guiding and protecting" clients from transactions that can go wrong.