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12 May 2024 | 12 replies
I was able to secure an introductory HELOC rate of 2.99% for the first 12 months in Jan 2023.
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11 May 2024 | 7 replies
Think of the card as a piece of advertising If your working with agents and just buying and holding then you probably don’t need them
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12 May 2024 | 18 replies
People will always need places to live not advertisement platforms.The midwest does offer lower prices properties.
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12 May 2024 | 1 reply
Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.
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10 May 2024 | 0 replies
Hey everyone! I recently purchased my first property which happened to be a commercial property that has, among other things, a 2 bay automotive repair shop/inspection station. The current tenant has been there for ma...
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12 May 2024 | 5 replies
Charge the tenants a higher rent rate and include utilities with their rent.
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12 May 2024 | 2 replies
Appreciation - Will Multi Fam appreciate at a similar rate to SFH in your area?
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9 May 2024 | 13 replies
I personally want to use this strategy to lock in a lower interest rate on a rental property (being 20 years old with a small amount of credit history).
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13 May 2024 | 21 replies
if not... i'd say stay local to Canada 'cash flow' is very, very tough right now with interest rates and prices both high
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10 May 2024 | 10 replies
It also takes around 20 or more hours per week to just complete the material which is notably higher than what it’s advertised as (5-10).