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9 September 2018 | 9 replies
Yes, although the prices has increased very steadily so I think there are better opportunities elsewhere.
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9 September 2018 | 8 replies
In my case I have decided to do minimal/moderate improvements, keep this building pretty much as it is since I am able to increase the rent quite a bit anyway, and do a repositioning with my next MF investment.
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9 September 2018 | 5 replies
I guess the reason they've captured some interest is because of their increases haha
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24 September 2018 | 17 replies
Or you can go out and increase your business and spend that time on something that is either financially, emotionally or spiritually more profitable with the calm and peace of knowing that your taxes were completed properly.
9 September 2018 | 1 reply
The downstairs is a small grocery bringing in $1000 per month with a scheduled $100 increase each year until it reaches $1300.
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22 September 2018 | 12 replies
@Anastasia Kristina I found a few markets in Ontario and Quebec that have great cash flow, good and constant increases in property value while being stable markets (low vacancy, high rent to purchase ratios, above average population growth).I like Outaouais, Laurentides, Lanaudieres, Estrie and certain pockets of Montreal in Quebec.
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10 September 2018 | 1 reply
This one is easier as there's natural gas lines and I can just convert it over but still pricey ($5-7k)The seller doesn't have the funds to make the repairs so I'm trying to find a way to make this deal happenWithout getting bids, I'm estimating about $15-20k for rehabbing these items (FEEL FREE TO TELL ME I'M WAY OUT TO LUNCH)....this is on top of the $5-8k I budgeted to put into the interior.I'm not a flipper and was looking at this as a buy and hold cash flowing property.Looking where to go with this one:A) Reduce offer by $15-20k to $155k- Cons: I'm going to have to find a loan as I need my capital for other purchases in the hopperB) Reduce to $160k and get $5k in closing help- Cons: I'm still going to be out of pocket but b/n closing help and reduced downpayment would be able to get most of the work done and just put the rest on a credit card and use the cash flow to pay it down over the next 12 months.C) WalkD) Other options???
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9 September 2018 | 12 replies
Causing my operating expenses to increase, stripping my already tight $100/month cash flow.
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9 September 2018 | 2 replies
If current Hoa fee plus double the increase monthly Hoa fee is a number you can live with, go for it.
9 September 2018 | 6 replies
Provide the lawn mower and snow blower, increase rent or add fee.2.