Back up to market rents in a wildly hot and increasing market (depending on exactly where it's at, but it's all going up in these places..).

It is specifically for heat and hot water (tenants are responsible for their own cooking gas).

You have to have good securities counsel or you can make a mistake and get into hot water.3.

Maybe not red hot like a year ago but still lots and lots of opportunities.

It made me realize that some of the reasons for household formation (divorce, new job, foreclosure) can occur anytime of year.What is typical in around here are winter incentives (like 1/3 off the 2nd month), rather than a lower rent.

My friend is starting a hot dog cart there so I will be down to visit Vancouver soon!

Here is my supporting example: if the loan is secured by a non-owner occupied property and the money is used for a family, personal or household purpose (family vacation for example) it is covered by SAFE, conversely, if the loan is secured by a owner occupied property and the money is used for other than family, personal or household use (fix and flip rehab for example) it is not covered by SAFE.

Also, I have never been a BIG fan of going into areas where everyone is GLORIFYING how you can make money because this is the new hot area.

I am in a big city and invest downtown near Lake Michigan in the "hot" areas.

I have seen the run-up here in Las Vegas that was caused by so-called investors who came from other areas because the Las Vegas market was so hot.