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19 February 2025 | 57 replies
Industry professionals are biased towards what makes them the most money, understandably, because why else are they in this business but to make money?
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22 January 2025 | 5 replies
Both permits often have restrictions on the industry the holder cannot engage in.- The holder of a work permit does effectively become a tax resident as far as the CRA (Canadian Revenue Agency) is concerned at which point they will qualify for certain things such as purchase a house without being considered as the foreign buyer; hence, foreign ban hammer not weighing on them.
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29 January 2025 | 31 replies
This is usually due to a credit score below the industry desirable score of 680 for a Commercial Loan.
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9 February 2025 | 173 replies
At the same time, I think the industry in general is a mess and David is right that many investors will get hurt.
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21 January 2025 | 74 replies
I will move forward with my journey and just follow the positive people in this group that is amazing.I get the Ra RA Ra stuff.. just sometimes reality comes into play.. and its sad to see people run down these rabbit holes.. when those with decades of experience in the industry know better.. just trying to give both sides..
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13 January 2025 | 2 replies
Additionally, I would like to attempt to do the process Owner/Builder with subcontracting work out as well as doing some of the work I'm comfortable with (I have some experience with bathroom & kitchen remodeling an am not new to the construction industry).
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30 January 2025 | 45 replies
I am sure I will be very publicly wrong, and you all can make fun of me in two years, when stocks double and real estate prices crash 20% from here, but I just don't know how you can watch this industry, this closely, for this long, and not be raring to go in the current environment.
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20 January 2025 | 12 replies
A young population plus a growing industry makes for good long term investments, but unless you are really scaling the cashflow can be hit or miss.
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9 February 2025 | 36 replies
You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult.
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17 January 2025 | 10 replies
@Chris Morris have ALWAYS seen bad "deals" from rookie wholesalers that really don't understand what they are doing to provide value to the industry.It's getting worse because the real estate market has recovered from the 2010 Crash, yet many are still using tactics & methods developed during this time.Everyone in the industry needs to go back and look at what was being done BEFORE 2010 and start using those methods, updating them with current technology.