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23 March 2024 | 2 replies
This will greatly reduce the cash flow to a point where it's not too appealing, even with a higher gradual rent increase by then. however assuming with continued 3% rent growth per year, it will eventually cash flow nicely again 2-4 years after the tax starts, assuming rents and expenses all grow at 3%.What do you think?
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23 March 2024 | 4 replies
He would eventually pay, inclusive of all late fees.
23 March 2024 | 9 replies
Merely people who sell the concept for a fee.
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22 March 2024 | 5 replies
You could do 50% loan / 40% carry / 10% down (+ fees/closing costs).
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22 March 2024 | 15 replies
We make money on the cleaning fee (its a long story), and so there is some value in the number of turns we do.A lot depends.
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23 March 2024 | 4 replies
They will inspect once per year or once every other year.
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22 March 2024 | 11 replies
I found a building with 4 units selling for 580k all units are currently rented totaling 4200$ per month.
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23 March 2024 | 12 replies
(BUT when qualifying the tenant's income, they only need to qualify for their portion). 2) Consult an attorneyyyyyyyyy :)3) Standard I've always used is no more than 7 days per month and max of 14 days per year, otherwise they would be considered an Occupant and need to complete a background check and add to the lease.
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22 March 2024 | 5 replies
He ignored all phone calls or emails from me.So I contacted the head office to expose the situation, and a few minutes later, I received an email from this broker saying that he is releasing the land lot back to me.
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20 March 2024 | 9 replies
Curious what others are currently doing for:Late Fees?