
5 February 2017 | 3 replies
For reconnection : you'll want to make sure the A) gas valve is working well B) the thermocouple is working well & sending signal to pilot without effort C) the igniter is working well OR, the tenant can reasonably easily reach in with a match or BBQ lighter to light the pilot.

23 August 2019 | 117 replies
One thing I've come across over and over is male ego can get easily crushed by a woman being successful in real estate.

12 February 2017 | 13 replies
Andrew Bergen I have scored two homes here, UC and Bay Park, and while both were flip and hold, I could have easily cashed out with solid profit.

5 February 2017 | 6 replies
I'm really concerned that these 'helping' services can be overturned / clawed back so easily, especially 19-24 days later...

7 March 2017 | 23 replies
Ive talked to so many owners that think they are making money because they are saving 80 or 100 bucks a month, while they lose 1200 to 2400 easily every vacancy.

7 February 2017 | 28 replies
He comes recommended by a very good friend of mine, who I could easily see as my mentor.This GC guy wants to enter in a partnership (I don't know the detailed terms yet) and want to flip houses and was trying to explain the obvious to me that flipping is less risky than to maintain a long term renter and dealing with their hassles on almost a daily basis, making small profits for a longer duration compared to profit up front (if we really could make that happen!).

7 March 2017 | 4 replies
Since they are new tenants and likely not screened properly you want to be able to easily get rid of them if they do not work out.
9 March 2017 | 10 replies
Of course, you will have underwritten the deal at sufficiently conservative financing rate - like the BoC posted 5-yr, fixed-rate reference - that the business easily throws off cash at the actual financing rate.If you are disciplined enough to apply the "cash-back" directly to the mortgage principal as a pre-payment (some lenders will {strongly} encourage this approach) it is a good thing ... if you use the cash-back on a rental property financing to pay-down the principal on your primary residence (where mortgage interest cannot be deducted as a business expense) you may warrant extra kudos.If you are certain you can re-invest the cash-back and earn a higher {net} return than paying down your mortgage financing {particularly that on your personal residence which is paid with after tax income}, the cash-back can be a good thing.

15 March 2017 | 8 replies
We just set up an LLC at the advice of my accountant so that our profits (and losses) are handled in one place, receive tax benefits, and come tax season, everyone can easily handle their share of income tax based on our (unequal) division of shares in the property (it's not split 3 ways).

10 March 2017 | 2 replies
For instance, you may learn from a tenant that the building blows fuses easily in which case you probably want an electrician to see what's going on (old wiring not able to keep up with modern demands?)