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16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
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13 January 2025 | 0 replies
Owner occupied united increased by 8.4%"Still, although the overall share of households that rented decreased, the number of rented units increased by over a million units (43.3 million to 44.6 million)."
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16 January 2025 | 7 replies
Nothing else.Every other platform doesn't have the reach that the 2 big ones have and in some cases are very owner negative.
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15 January 2025 | 49 replies
I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment)Â I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.Â
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20 February 2025 | 114 replies
It’s also easier to diversify because usually you can put in a smaller amount as a fractional owner, rather than having to purchase the whole property like in directly owned. Â
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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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12 January 2025 | 5 replies
As long as you are on the loan, on title, and live in the home for 12 months minimum, then your non occupying coborrower can qualify for 5% down at owner occupied rates.
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17 January 2025 | 24 replies
The sale evidently resulted in Quest’s owners getting zippo (hearsay, working to confirm that).Â
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14 January 2025 | 4 replies
I had to explain to her that when I rent from you, I have temporary owner's rights and you can't just walk into my house whenever you want.
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27 January 2025 | 17 replies
Im assuming that is what would catch any errors in owner distributions, deposits, profit/loss?Â