
29 March 2024 | 5 replies
Tenant did not maintain bath vanity and it sustained irreparable water damage.Unfortunately the vender does not sell the drawer face individually, but only sells the entire vanity.

29 March 2024 | 5 replies
There are many sellers right now testing the waters with prices that typically don't make sense with today's rates.That being said, there is also a psychology behind pricing properties to create true interest and demand.

28 March 2024 | 14 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

1 April 2024 | 67 replies
As Point2 Homes aptly puts it, while information is provided, it may not always be guaranteed accurate.It's worth noting that most agents have access to the same pool of listings, leading to a proliferation of duplicate entries.
28 March 2024 | 3 replies
I contacted the city of Edmonton and was informed that moving a mobile home is treated the same as building a new home, and all the following applies:Development Permit ApplicationCombined Building, Mechanical PermitBuilding & Mech Safety CodesWiring Electrical PermitUnderground Service Cable PermitElectrical Safety CodesConstruction Water Rates 44¢/$1000 Construction Value Sanitary Sewer Trunk ChargeLot Grading FeeTo my knowledge, unlike a new home, all we would be doing is reconnecting the infrastructure, and considering that no modifications are to be made to the existing plumbing, electrical, sewer or the lot itself, so do all those permits apply?

29 March 2024 | 1 reply
Subsequently, we discovered multiple leaks in the roof, resulting in water damage, including mold growth in our closet.

29 March 2024 | 3 replies
The gut was necessary due to a fire that occurred and the water damage from putting out the fire.

28 March 2024 | 9 replies
I was left with an excessive water bill ($10k) at my 4-unit property as they failed to fix a water leak, which I complained about once I noticed a spike in the water bill.

1 April 2024 | 60 replies
Tenants pay water, electric, gas, etc.3.

27 March 2024 | 2 replies
Whether you're a seasoned broker with years of experience, a mentor with invaluable wisdom to share, or an investor just starting and eager to learn, we can all benefit from pooling our resources and knowledge.I envision regular meetups to discuss market trends and investment opportunities and collaborate on joint ventures.