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29 May 2024 | 9 replies
Being that you are out of state, I would highly recommend that you work with one of them.
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29 May 2024 | 64 replies
I rode high in that saddle.But then a series of unpleasant tenant things happened, and too many units needed to be rehabbed and rented out at once.
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28 May 2024 | 1 reply
I would suggest getting professional pictures taken, or at least using something a bit more high quality and ensuring there is sufficient light in all the rooms.
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28 May 2024 | 1 reply
I've heard Stessa and Buildium for the most part but find it's actually very difficult to use for the average small scale landlord (I have 7 doors)The cost of Buildium I think is way too high for the small scale self managed landlord like myself. 7 units comes to $55/monthAs for Stella, the UI isnt the greatest and probably tailored for more property management companies, and the accounting features are rather lacking for Canadian tax laws.
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28 May 2024 | 1 reply
I would highly encourage you consider House Hacking.
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29 May 2024 | 27 replies
We did not need help in deciding what our investment niche would be; we needed help in creating and implementing a tax strategy plan for a married couple composed of a high-income earner and a real estate agent and business owner.A few weeks after paying the $25k, we set up our first meeting with our assigned CPA and started the so-called “advanced tax courses” provided, which are generic modules that only vaguely introduce financial concepts, topics, and terminology.
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28 May 2024 | 13 replies
I had one accountant give a quote that was quite high for a small number of properties, and Quickbooks eliminated their desktop platform.
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28 May 2024 | 6 replies
Their opportunistic fund returns IRRs in the high teens / low twenties.
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29 May 2024 | 15 replies
I've since sold them.Now I only flip to sell, low volume, high margin.
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28 May 2024 | 4 replies
@Brett Deas,there are several factors here:First, if your investor base is used to specific assets, where they have full(ish) visibility of the asset, convincing them to invest in a blind pool fund is hard.Second, it looks like you graduated high school a couple years ago, so presumably your track record is only 2 yrs old.