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30 January 2025 | 19 replies
As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan.
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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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19 January 2025 | 2 replies
Sounds like with are under charging our owners by thousands of dollars or they are trying to rip you off.
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24 January 2025 | 5 replies
Hiring someone to do the work will likely cost too much (I would charge a small fortune, it's an incredible amount of work) and doing things as cheaply as possible will bite you in the *** later when you start having issues with your own shoddy work and/or materials.
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14 January 2025 | 4 replies
I was hoping that since it's not a residential unit, that the process might be different and hopefully faster for just a utility space.
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16 January 2025 | 8 replies
You’re not using a PM, AND you’re assuming you can charge a service animal a deposit and pet rent?
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23 January 2025 | 165 replies
The only thing that spreads faster than a wildfire in a 100mph wind is everyone's "expert" opinion.
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23 January 2025 | 10 replies
It sounds to me that owning a multifamily home would allow you to reach that goal faster because of the higher cash flow.
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19 January 2025 | 18 replies
You can't charge extra pet rent or even a pet deposit because it's legally not considered a pet.
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19 January 2025 | 8 replies
I do have two really good mentors / coaches I work with that would be able to provide more input but they do charge for their time.