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24 January 2016 | 28 replies
Do you have to keep paper files or can you transfer everything to digital?
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4 July 2013 | 10 replies
Russell GoodingLease Options can be viable if structured properly, or they can be a big invitation for CRA to fill your dance card.I would suggest you search 'Lease Option' here on BP and pay particular attention to the ramblings ... err ... eloquent teachings of @Bill Gulley on the subject.For a Canadian treatment of the subject have a look at either:"Legal, Tax & Accounting Strategies For the Canadian Real Estate Investor" by Steve Cohen & George Dube or "Commercial Real Estate Investing In Canada" by Pierre & Claude BoironThere is also a fairly lengthy CRA bulletin on the subject ... drop me a PM if you are interested and I'll dig it out.
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12 September 2023 | 33 replies
Double digit Cap rate market in most urban city is simply not available/not possible.
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28 February 2011 | 12 replies
You don't need the SSN, just the LAST 4 Digits of their social. make sure you indicate that on your form.
16 April 2011 | 24 replies
Money market accounts don't even keep up with savings right now.Small hard-money loans (1st, 2nds), mobile home, business investments would be what I would look at.Anything where you can invest time + money and achieve a high double or triple digit return yearly (on smaller amounts) is where I would start.If you want to run your rental business on the financial redline and be 2 months of vacancies away from bankruptcy, by all means go for it.
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26 February 2019 | 44 replies
That said here's a quick response for the time being.There was a huge improvement over last year until August of this year. 25% vacancy that month in a portfolio that numbers in the double digits of units - so that is a red flag (plus one more the next month).
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12 June 2010 | 12 replies
Just take pictures of everything with digital camera for crying out loud.
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14 October 2016 | 12 replies
Hey @Leland F. think about installing digital locks.
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2 December 2015 | 13 replies
I guess i am open to ideas; i just didnt realize it could be done digitally online?.
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22 May 2016 | 15 replies
Take good photos with a high-res device that will translate well digitally, write a great ad, and advertise it well online, and you should be good to go.