Our recommendation is sub-metering, for the following reasons:-You will get monthly reads instead of quarterly, so any leaks or other abnormal usage can be addressed faster (this one benefit alone could save you thousands on a water bill).

More specifically setting up an LLC as a Canadian, navigating cross-border taxation, finding lenders, and going through the acquisition process as an international investor.Thanks in advance for anyone who has advice!

One of my mentors put me in connection with a colleague of his who is selling a quarter of his portfolio due to retirement.

"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.

There are endless ways you could structure your partnership, but you want someone to advise you how to do it in a way that protects both of you and your assets in the best way possible and with the right taxation structure for your particular situation.

So I'm in at $151k.I think this was a case of right place at right time with a seller that just wanted to unload, and the cash clean deal worked.To top it off, the property is on 2 quarter acre lots and the second lot is buildable.

This is one of the most black and white areas of real estate taxation. 

I like multi-family properties) Hey Thomas,We are head quartered in Indy and invest in the midwest with 700m AUM and about 6k units.

Hi all, I've been having difficulties finding the correct search criteria for properties that have a store front or office space plus residential quarters.

Usually best to settle or they file BK and landlord gets very little to nothing.Have in lease they have do disclose sales quarterly.