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6 February 2025 | 6 replies
Quote from @Jinxiang Xu: New to being a landlord, and already forked out $20k for foundation repair on this rental house.
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24 February 2025 | 1 reply
Also, the property itself is also worth 1.4-2.03 million as is with no house built on it.
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18 February 2025 | 1 reply
You have to understand the market, neighborhoods, numbers, and realize the risks involved buying houses "sight-unseen".
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23 February 2025 | 9 replies
Recently closed a deal with a client that was a 3/1 single family house for $120k and they're renting it out to section 8 for $1550/mo!
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17 February 2025 | 1 reply
Feel free to use it as you'd like.I divided the survey into five sections: bedroom, house, neighborhood, landlord/property manager, and amenities.link: https://docs.google.com/forms/d/1WCzit_3R0m0Ut6DWYWmdvchwDH5...
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18 February 2025 | 9 replies
Thanks everyone.Annual T4 income: 250K380K in liquid investments.Principle property est. valued at 670K with 250k left owing and 155K heloc attached.Rental 1: purchased 2021 for 220K current est. value at 270K was a house hack with 5% down and $1600 monthly rental income.Rental 2: purchased 2022 for 280K 20% down current est. value 345K rental is $2000 monthly Rental 3: purchased 2023 for 267K with 20% current est value 310K rents for 2100 a month.
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17 February 2025 | 0 replies
It has very favorable zoning laws, the land is buildable, and the area has a housing shortage.
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18 February 2025 | 51 replies
One of the developers I work close with is getting ready to build 4 spec houses.
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14 January 2025 | 5 replies
The current price of the house is worth about $900000.
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22 February 2025 | 13 replies
@Jardin Gwinstart with a house hack first.