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25 February 2025 | 18 replies
Have proof on hand (easy enough to find) online of the missed tax payments and any documentation that supports that he specifically didn't pay his taxes.Probably a simply mistake on his part, but now if he wants to develop on it, he either has to land lease it from you or buy it back.I'm not sure how the whole tax deed thing works, so that would be something you have to figure out between the two of you.
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25 January 2025 | 0 replies
At which point our evaluation should rise on the community for closer to $4,000,000.00We've enjoyed digitizing all payments, streamlining service, as well as infilling new homes.
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25 January 2025 | 0 replies
At which point our evaluation should rise on the community for closer to $4,000,000.00We've enjoyed digitizing all payments, streamlining service, as well as infilling new homes.
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10 February 2025 | 10 replies
Ultimately, leading to issues down the road (eviction/habitual late payments)
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23 January 2025 | 10 replies
Together, we have over $200K (mostly in stock market investments), and our parents may help with the down payment.
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5 February 2025 | 29 replies
.- There is no discount or created equity over and above the amount that is used as the down payment for the home.- The management company charges a management fee of 10% - 15% which can be a little higher than average property management companies, but that cost may be offset by higher quality of services.- The management company also charges for other services such as fee for coordinating maintenance and repairs, and turnover and releasing.
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22 January 2025 | 5 replies
One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.
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25 January 2025 | 0 replies
We've enjoyed digitizing all payments, streamlining service, as well as infilling new homes.
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2 February 2025 | 17 replies
The main thing that pops out at me every month is that less than half of my payment goes to paying the principle down, over half goes to the interest, taxes, and insurance, ect.
7 February 2025 | 5 replies
The metrics are different due to the financing benefits from being <5 units and corresponding down payment requirements.