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21 January 2020 | 5 replies
These will help you get up and going to learn all the legalities as well as proper process for finding great tenants.We also used cozy.co for finding our tenants.
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16 January 2020 | 3 replies
I have clients who would be at 40% or 44% with just their primary home and day-job, but between all the rental income their mortgage calculated DTI, calculated properly by folks that know what they are doing, is down in the 20s, 27% or whatever (24% to 29% is a range I see again and again, for whatever reason, possibly a result of people trying to follow the "1% rule").
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18 January 2020 | 17 replies
It just depends on what you need and whether or not you know enough to take care of your private lender properly.
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16 January 2020 | 18 replies
Also, there is a difference between working and working properly.
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25 January 2020 | 25 replies
You are moving too fast to buy and this is how people get themselves into terrible deals without proper representation.
16 January 2020 | 8 replies
Make sure that the water heaters are vented properly.
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19 January 2020 | 16 replies
If you are not experienced with real estate contracts in Canada, here is my advice...You should be working with a lawyer to have contract of purchase and sale paperwork drawn up properly (or at least review to make sure you are not putting yourself in an unfavourable situation) and have a template for going forward or be working with a realtor.
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6 June 2021 | 23 replies
The point is it's a low-cost entry (along with making calls) to proactively get after deals instead of just reacting to the MLS.
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17 August 2021 | 3 replies
We jumped into investing with our first property without the proper knowledge.
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16 January 2020 | 7 replies
@Mark RechkemmerThe internet will tell you this is possible if structured properly.