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22 December 2021 | 19 replies
Betting on an increasing market to make it work is just gambling.
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22 December 2021 | 20 replies
I started many recent showings with something like I normally would shake your hand but we are keeping our distance with covid.
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3 December 2021 | 2 replies
These times can range from normal times like 9-10pm to later times like 1-3am.
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27 December 2021 | 13 replies
They normally aren't 'tax deduction' unless you actually paid for them.Some items on your return are eligible to be 'added-back' for DTI purposes such as Depreciation and one-time repairs/replacements.Best of luck
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8 December 2021 | 14 replies
Mind you, if interest rates were ever to return to a normal level in the US or Canada (something like around 6%), the property market would inevitably tank as it did in 2007-8 as the CAP rates are generally currently below that interest rate level.Short-term rentals work great in Mexico because of much lower property prices, operational costs and taxes, potentially higher income and no (danger of) unfavourable short-term regulations.BiggerPockets is awesome but it's mostly US-centric and you cannot copy/paste everything when investing in another country.
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4 December 2021 | 2 replies
The Condo Bylaws and Declaration are normally the documents that give the details on what, you as the unit owner, are responsible for and what the Association is responsible for.
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3 December 2021 | 1 reply
Thing is I can afford it because I live in a $2000 average rental market, not far from where you can find ugly $1M homes with normal people living in them somehow.
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4 December 2021 | 2 replies
Make sure you hold back a significant amount of money as normally it would be vacant at closing.
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4 December 2021 | 8 replies
{Then ask a few questions to figure out a good option for them}Or do investors normally have to buy the note first before being legally allowed to contact the home owner?
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5 December 2021 | 16 replies
$200+ is pretty normal.