
17 January 2025 | 6 replies
The service call on a used appliance would negate any money saved.

9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

14 January 2025 | 2 replies
As title says, looking for some first hand experience, positive or negative; for working with mynd.co.

21 January 2025 | 20 replies
Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.

23 January 2025 | 7 replies
Additionally, confirm the transfer won’t lead to property reassessment, which could increase taxes.

20 January 2025 | 9 replies
At least 3 of the reviewers from 10 years ago posted once only ever, which seems to point to them being asked by Incite/Matt Scott to counter the negative review.

24 January 2025 | 0 replies
Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

25 January 2025 | 13 replies
As a couple others said emergency would negate the $500 threshold but they should contact you to notify when it happens.

30 January 2025 | 56 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

14 January 2025 | 4 replies
Employment Growth Outpacing Housing SupplyBuffalo leads the nation in the ratio of new jobs to new homes permitted.