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26 April 2024 | 10 replies
We've had clients change their offered commission numerous times during the course of a listing thinking it would make a difference - our experience is that above 3% or with a BTSA (Bonus to Selling Agent) it doesn't have a measurable difference - the Buyer is generally in control and pushing a client towards one home or another based on your payday may land that agent in hot water later.
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25 April 2024 | 27 replies
This should end any bickering about a strip of land.
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25 April 2024 | 11 replies
My quick math says, 60K (30%) down, morgage payment $1000 plus $230 /month land lease and $125/min for taxes.
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27 April 2024 | 7 replies
Based on all of your suggestions I decided to simply advertise the unit as an anticipated vacancy and mention in the ad that I can only show the place starting 07/01 and that it is available to rent anytime after that.
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26 April 2024 | 3 replies
I need to find an asset based lender that is willing to base financing on the income of the property.
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26 April 2024 | 15 replies
Hi All, I don't think there is a centralized database for land, caveat and title information but in Alberta we use https://alta.registries.gov.ab.ca/spinii/logon.asp.
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26 April 2024 | 1 reply
These factors can impact the ability to develop or renovate a property and the tax implications of owning a property.Zoning RegulationsZoning regulations are laws that dictate how land can be used within a particular area.
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25 April 2024 | 24 replies
Great job and population growth, very low crime rate, super low property taxes, very land lord friendly and the list just goes on!
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27 April 2024 | 20 replies
Does the local knowledge and contact base in a flat market outweigh the possible gains to be had in a growing market?
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26 April 2024 | 10 replies
NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).