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7 May 2024 | 14 replies
Virtually everything in the news is saying there is no hope for home ownership, everyone is going to be a renter, etc., but the overall home ownership % nationally vs. renter % is actually up.
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7 May 2024 | 9 replies
Let's do a quick (I hope) and dirty look at it:1 - 100k SFH bought with a standard NOO Mortgage at 5% which rents for $1k, and lets assume; that unicorns exist and fart rainbows, you have 100% Lease Up, and $0 for repairs for the first, lets say, 5 years on all of your properties, and that we buy everything on the first day of the year.Year 1: You Spend 30k to purchase house, you owe 70k your payments are: 376 a month giving you a free cash flow of 1000 - 376 = $627!
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7 May 2024 | 5 replies
I'm on here to learn more about wholesaling properties and raising private capital/private lending for scaling and further deals.Excited to be on this journey,DavidHi fellow Vancouverite, hope everything is going well for you!
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7 May 2024 | 1 reply
I hope this helps you.
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7 May 2024 | 3 replies
Hope this helps, Best of luck
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7 May 2024 | 1 reply
Looking forward to meeting you and I hope you all had a great Derby weekend!
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7 May 2024 | 11 replies
I am hoping to get some feedback on application fees.
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6 May 2024 | 12 replies
You may lose your tax benefits by transferring into the LLC, and have to pay capital gains tax on any gains you have...talk with a CPA about this.
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7 May 2024 | 7 replies
I can’t afford to wait out fighting with Airbnb every month in hopes of resolving the issues
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7 May 2024 | 14 replies
You are tenanted and hopefully cash flowing, and it probably wouldn't serve you to sell it with an active leak or ceiling damage.