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16 October 2024 | 11 replies
but not great considering two of them were flippers and there's some specialized accounting that needs to happen there.
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15 October 2024 | 5 replies
Honestly, In the grand scheme of things, either option is going to be fine.If your goal is # of doors, then use the lever, if your goal is increased cashflow in retirement make the extra payment I'd say.If you really want to make more payments, make biweekly payments of half your monthly mortgage ;)You wont feel it as much.
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15 October 2024 | 6 replies
In the future, I agree that there's no need to lie about anything.
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11 October 2024 | 7 replies
After way too much frustration, I decided to switch property managers, but the process has been a nightmare.
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17 October 2024 | 7 replies
I think there are a lot of people out there that think they need to jump on some kind of crazy opportunity to start "making it."
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17 October 2024 | 9 replies
So yes, you need to set aside enough money to pay future taxes.Taxes are calculated only on your net profit - i.e. after everything is deducted, including labor & materials, holding costs, financing costs and business overhead such as marketing and driving.
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16 October 2024 | 0 replies
It should include the keyword multiple times within the ad body and title so that it gets highlighted, which is another trigger for visitors to click on YOUR ad.3 - THERE IS NO CALL TO ACTION.Every ad needs to create a sense of urgency with a call to action, such as “Start Today” or “Get An Offer Now.”
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12 October 2024 | 8 replies
First time landlord here, three days into my first rental property and I can't get much action on my listing!
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14 October 2024 | 2 replies
Any recommendations on how to go about doing this would be much appreciated. - Inexperienced Landlord
15 October 2024 | 3 replies
If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.