Is anyone interested in having a meet up in the GTA/Brampton Mississauga area?

His question was, if you have a long-term residential lease signed 1+ years and the property is rented out, does the mortgage still count against your DTI?

I'm looking to possibly flip or use the BRRR method to build a portfolio. 

Upon acquiring the property, I notified the tenants that they had 150 days to transition to paying $900 per month.

I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

We introduced a new color scheme for our new construction homes.Once the exterior paint was finished, we realized that we strongly disliked the color we chose for the garage door.Easy fix, spend the money to repaint the garage door and update the color package for future homes.Hiccups like this happen every day in this industry.

Greetings BiggerPockets Community,I’m reaching out for advice from anyone with experience in the Jacksonville, FL market, specifically in the Southside/Baymeadows area.

I was thinking the house would rent for 1200-1350 but it seems now the range is 1000-1200 with 1200 being the highest for the area so may be hard to get.

Rental comps in the area suggest the average rent is $1280 for a house this big.