30 June 2014 | 9 replies
I'm not sure how Canadian appraisals work, but they could use the "income approach" as an easy method of showing how much more the place could be worth.Here is how I look at your numbers:You are spending $70,000 to renovatedAn extra $835/month (post 10% PM fee) is headed for your pocket12 x $835 = $10,020 per year10020/70000 = 14.3% cash on cash returnI would not invest in that because I like my money to be making 15% in RE investments, but if your minimum is 14.3% or lower, it looks like a good investment.
1 July 2014 | 15 replies
Thanks for the heads up on the rent.
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1 July 2014 | 2 replies
Good heads up there.
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2 July 2014 | 14 replies
I am headed over to the property shortly to check everything out.
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7 July 2014 | 9 replies
Thanks for the heads up on the negotiating.
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17 July 2014 | 27 replies
Let me know if you ever head further north, we can meet up.
3 July 2014 | 14 replies
@J Scott hit the nail on the head.
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22 July 2014 | 104 replies
My Home Inspection gave me the heads up on the AC, there is no way, even with an onsite inspection, that I could have caught the crack in the copper tubing deep inside the unit.
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12 August 2014 | 2 replies
Gross proceeds headed his way will be approx