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28 May 2018 | 5 replies
The vast majority of members are wantabe investors that will actually never really start.
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29 May 2018 | 7 replies
. :) @Wayne Brooks Wayne not sure if you have seen the new set ups called TOP GOLF those are quite brilliant set ups.. and springing up in every major market..
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27 June 2018 | 6 replies
Is for the police/fire department in an emergency?
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1 August 2018 | 10 replies
Just diversify your portfolio a bit.Then youd be able to live off the cashflow from your 3 other 4plexs, since you have no living expenses, yes you wouldnt be rich or anyhting but you could live a comfortable frugal life without having to work.This way you'd have money thats fairly liquid as well in your TFSA, in case you had to do any repairs or to account for miscellaneous problems that could occur, and in the very worst case you could do a HELOC to pay for any major major disaters that could occur with all the equity youve created in your home by using the BRRRR investment strategy.These numbers are just examples, however its not unheard of to BRRRR a property and actually come out with more cash than it cost for the DP and Renos, which would help acquire even more property.And if you can get 50K into your TFSA and get a return of 8% from a dividend then thats an additional $350/month roughly, all while living for free.
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31 May 2018 | 10 replies
So that's a major necessity in skill.
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1 July 2018 | 5 replies
I am guessing the only way you can remotely come close to doing that is if you take out a HELOC to do a househack on multifamily house that you also plan on living in and going to do a major capital improvement on.
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30 May 2018 | 6 replies
With over 15 years experience working in other people's homes (& a major renovation of my own) I saw the potential for these skills to translate well to REI.
30 May 2018 | 9 replies
I'll get feedback from my REA, when the time gets closer.Maybe someday, when I have a larger portfolio and it's the 12th new roof I've put on a property, I can be more blase about major repairs.
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1 June 2018 | 4 replies
It is not a highway or a major traffic street by any means but residence cut thru this street to cross Hollywood Blvd at the traffic light on 13th Ave.
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30 May 2018 | 8 replies
Also buying and selling SFR isn't that complicated of a investment so simple year by year CoC calculations can give an accurate enough picture for the vast majority of people on BP.