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16 April 2024 | 11 replies
They were asking $15k more than we paid for our rental we bought off the MLS.
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16 April 2024 | 3 replies
Less expenses: Stop going out to eat so much, trade your car for a cheaper one, sell the $5000 golf clubs for $1000 ones, 1 vacation a year instead of 2 or 3 a year because "I deserve it", cut the grass yourself.I am being a little silly, but seriously get on a budget and see what you need to do to cut expenses or where you can work a little harder.
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17 April 2024 | 8 replies
Maybe the "classification" isn't the important piece - but can I write off expenses if I occupy a property more than 14 days?
16 April 2024 | 18 replies
She pays rent on Zelle through multiple other peoples names, and so I am getting partial payments (though she hasn’t paid the total amount) which I think means I can not evict her.
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16 April 2024 | 10 replies
I would likely try to make at least 1 unit an STR to try and get a bigger return but conservatively I would be increasing my monthly living expenses pretty significantly.
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16 April 2024 | 10 replies
They paid partial, about 60% of rent, on the first and I told them to do what they could to get caught up with the following rent on Feb 1st .
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16 April 2024 | 1 reply
Hi Jeffrey, horrendously expensive for what it is.
16 April 2024 | 4 replies
Obviously I’m in Canada so would need a property management company so that would add to the expenses, but I don’t know, something feels right about an investment like this.
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16 April 2024 | 7 replies
This is going to affect your purchase price, turnover ratio, maintenance expenses, etc. it also may impact your exit strategy when it’s time to sell the property.
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16 April 2024 | 3 replies
I just am unclear if he has an allowable right to plow over the area and plant grass on about another 1/2 acre of my property that I will then have to have my yard crew maintain at my expense.