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29 May 2024 | 5 replies
The AC question with Mini Split units is that they have to have an outside drain. lots of rooms without windows or office buildings do not have a place for a drain outside in a yard and people install without which leads to a problem with dripping water.
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29 May 2024 | 2 replies
However I'm just looking for a "vibe" from some pros, experienced investors or people familiar with the area out there who'd be willing to give their 2 cents of the potential value with some caveats/details of the home as follows:- 2022 Home Appraisal valued home @ $1,100,000- 1st 2BR duplex unit rent=$2800, 2nd 2BR duplex unit rent= $2150, 1st 1BR unit rent=$1950, 2nd 1BR unit rent=$1800- All units have washer/dryer- 3 of the 4 units have been upgraded (new floors, appliances, etc.) in the past 5 yrs.- Both boilers installed new 2017- Both electric panels upgraded 2015 - Shared Backyard access for bottom 2 units- No Parking, No Central Air- House built before 1900- Roof about 20Yrs old- Assume Fed cuts rate at least .25 point later this year Any thoughts would be appreciated.
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28 May 2024 | 4 replies
I’m still unsure if I am not talking with enough people or I need to change the structuring of the fund in some way.
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29 May 2024 | 9 replies
The only people that can truly answer your questions are the local brokerages.
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29 May 2024 | 3 replies
I've progressed from owning fixer upper duplexes in the north end of Winnipeg where I would do the renos myself late into the night; to purchasing large apartment buildings to acquiring properties in 13 different cities across Canada and the United States. to now buying office buildings and institutional-grade grocery-anchored retail centers leased to national tenants and publicly traded companies like Walmart, Safeway, and Loblaws.Before 27, I achieved lean FIRE, all thanks to the inspiration and fundamental concepts from the BP podcast and the incredible people I've met along the way in this entrepreneurial journey by betting on myself, committing to lifelong learning, and nurturing an insatiable curiosity.If someone like me, who barely made it through high school and would be considered "unlikely to succeed" by my peers, can do it, so can anyone reading this.
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25 May 2024 | 11 replies
If you are going to engage an architect and do full plans and permits, then you will likely need to do some pretty serious analysis.
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29 May 2024 | 18 replies
I know some people are against buying properties that won't have a positive cash flow, but I'm comfortable with it because it is a long-term investment for me.
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29 May 2024 | 4 replies
There is time to travel and view properties and interview people.
29 May 2024 | 2 replies
I've had multiple scammers and people committing identity fraud in Zillow but I have also found wonderful tenants so just screen well and if anything seems fishy then it most likely is!
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28 May 2024 | 0 replies
This trend suggests a growing rental market as more people are unable to afford buying homes under current economic conditions.while the housing market may face challenges, the rental market will likely expand as an alternative for those priced out of buying homes.