Yes and make sure to include the 6% state hotel tax too if you want to do everything above board!

With these women, this is what we decided to do, giving them 60 days notice they will need to find a different place to live. 

Hello @Sandra Feurtado,Do you need to visit the city where you're considering investing?

One will not cover damage covered by water damage 'from above' and then theother will not cover damage caused by water 'from below' (flood) and then they cross reference them and don't pay at all.The good ole Insurance people will do anything to not do their job, which is to pay for their clients damages.There is $$ available through FEMA, but it isn't much and good luck getting it.Question is......even if you can get some money do you rebuild in the same locations?

I would assume the actuals are not actual because it's showing 100% occupied for all 12 months.Capital improvements fall below NOI, and do not affect property value.And I think you need to have some type of debt to calculate a purchase priceGino

Financing:- CMHC has a multifamily specific program right now where the debt can be amortized over something crazy like 50yrs (others who do multifamily as their bread and butter will know the specifics). - cap rates for multifamily seem to be in that 5-5.5 range currently as far as I can tell, which has come off a bit since the peak on 2022, but are still lower than other asset classes.

We run a debt fund, so our focus last few years has been buying defaulted debt and doing some PML.

Being interested in a topic doesn't make him ready to do it.  

Do you have a partnership agreement or just Deeds with % of ownership. 

People that show up and do what was quoted seems hard to find sometimes.