8 January 2019 | 4 replies
I know school districts are a big indicator and have also read about looking at the city planning website for future developments...but not sure what to look for specifically.
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15 November 2018 | 10 replies
Web site should give you some insight too.
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13 November 2018 | 3 replies
During the year rented, bottom line was ~8k in the positive.
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14 November 2018 | 6 replies
An overview can be found here.The CMHC web-site also has a mortgage calculator which will accommodate high-ratio, insured mortgages.My recommendation is to learn the underlaying principals, be able to perform the calculations manually and develop your own spreadsheet.
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12 November 2018 | 2 replies
To be specific, my steps to fully get into this world so far have been: Buy my first home Sign up to BiggerPockets website Listen to the first 5 podcasts (loving it)Send this messageEvaluate specialized Masters in R.E and meet with alumni and teachers plus attend one class as a guest observerMeet with friends working in the industry (mainly working for big Funds and Developers)Bought the 13 most widely recommended books in R.E.
11 November 2018 | 2 replies
Why would someone put up a duplex for sale if it is cash flow positive?
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12 November 2018 | 6 replies
I'd recommend going to the county website of the property that you're interested in.
12 November 2018 | 2 replies
@Jaire A Ruffin I would just look around the BP website.
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12 November 2018 | 2 replies
You would be able to sell off your position to the new buyer (plus your added value), which you may find to be very difficult; essentially acting as a wholesaler, but with tighter parameters (i.e. a buyer who's willing to do seller financing within the owners boundaries).
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28 November 2018 | 13 replies
On the other hand, what most don't understand is although the LTR may be cash flowing in your eyes - it may not be a positive number to the lenders underwriter depending on what expenses, etc. are shown on schedule E.