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27 January 2025 | 6 replies
@Peter Neill First of all, that is an absolutely inspiring story and I want to say congrats and I best wishes for your continued success!
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27 January 2025 | 27 replies
I will continue looking into the areas you mentioned and appreciate your insights.
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10 January 2025 | 67 replies
After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.
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11 January 2025 | 9 replies
My vote is if you are going to continue to buy, you need to utilize leverage.
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8 January 2025 | 9 replies
We also would love go learn more about tax savings and how go make the most of our money by continuing to roll our profits into new properties.
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16 January 2025 | 7 replies
Better to keep rent 5-10% below market, but keep a tenant long-term.If you can handle all this, you MIGHT be ready to be a real estate mogul.Otherwise, you may want to get out of your own way and hire a PMC to manage your property better.Let us know how this goes before you continue dreaming about anything else:)
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5 January 2025 | 8 replies
Lots of investment in the region as well so hopefully quality job growth will continue.
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11 January 2025 | 9 replies
Kicker is I don't have to sell, I would simply be happy with not renting anymore and continuing to build equity.2-Correct purchase and renovate a 3-5 unit building.
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4 January 2025 | 11 replies
I can't continue providing that service if the landlord takes over management.
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6 January 2025 | 0 replies
We look forward to an incredible 2025 and continuing to grow our businesses together.