My broker has a 90/10 split for all agents with a $15k cap and $99 monthly fee which includes E&O Insurance. 

Yes, HOA ForeclosureProperty Taxes are up to date.No foreclosure process that we can find, still waiting on full title search to finish.

80 - 100K CAD .... so about 50 - 70K USD (maybe cheaper as these sorts of things are more expensive in Canada.That has a hydraulic lift and included the construction of the shaftway.Of course ... you can spend much more[Note:  I originally included a rang of 60 - 80K CAD (25 - 50K USD), but going back to the quotes we had last year to bolt a 4-stop onto an existing 4-story apartment building, the range is more like 80 - 110K CAD]   The 60-80K was for a 3-stop solution at another location.]

To clarify- if I am buying a property finished- (turnkey) at market value I can cashflow and average of 9-12% year 1 on a B class property and I am not at 1%, If i wanted to buy a finished property in a C/D class then I can get to 1% rule.

The cost to knock down and build, depending on int. finishes, starts at $350K This project I would anticipate around $450k build on top of the aquasition, and FMV comparitavely is 2.3-2.5...no?

In addition, I’m finishing a flip with the 3rd contractor I’ve hired to complete it.  

More specifically if you own multiple investment properties and they show up on your Schedule E do you need to provide detailed information on each of the properties/including lease agreements etc?

We launched some paid advertising, however the results were bad.About 6 weeks ago I started doing deeper research on his particular business model and I began putting the pieces together to help generate some leads and get him and my sister back to making money again.Fast forward to just over a week ago since I completed his setup, and so far he’s had 5 appointments to view job sites so he may submit bids, and he’s locked up 2 contracts worth $15,500 and $31,500 totaling $46,000 in new business.This case study serves to support any REI professionals seeking inbound leads including…

Contractors of all types (Roof, Foundation, Electrician, Plumbing, Painting, Etc...)


I think you underestimated the monthly expense, and overestimate your income.Two, don't include utility into the monthly rent.

Yes, they report inflation without including Shelter, which obviously impacts people quite a bit.