Jonathan Dempsey
Tell your househack success story
24 February 2019 | 9 replies
Still rented out.Final numbers/budget break-down are shown in excel below.Final Renovation Budget Dec 2017Key lessons learned>Incorporate security into renovation plans>>Allocate budget for fencing, securing perceived weak points and window coverings >>Time is money – I could have subcontracted a lot of this work out very early on and finished the house in <4wks vs letting it stretch out over seven months, two break-ins and a hurricane, not to mention lost rental income (could have rented the bedrooms out starting in late April vs mid-July)Stuff I can do now that I couldn’t before>Install flooring and baseboard (market rate is $2-3 sq ft for labor)>Remove a toilet, floor a bathroom and install a new toilet in <90minutes>Remove/Install sinks>Repair exterior housing>Backsplash tilingNow for the before & after photosScreen Shot 2017-12-15 at 7.04.11 AMScreen Shot 2017-12-15 at 7.04.25 AMScreen Shot 2017-12-15 at 7.03.56 AMScreen Shot 2017-12-15 at 7.05.21 AMScreen Shot 2017-12-15 at 7.04.55 AMScreen Shot 2017-12-15 at 7.06.24 AMScreen Shot 2017-12-15 at 7.06.16 AMScreen Shot 2017-12-15 at 7.06.08 AMScreen Shot 2017-12-15 at 7.04.40 AMScreen Shot 2017-12-15 at 7.05.37 AMLIVINGBEFOREAFTERScreen Shot 2017-12-15 at 6.50.41 AMScreen Shot 2017-12-15 at 6.50.50 And the final professional photos - not bad for a $24k rehab!
Jesse Kreun
I need advice on our rental portfolio! Please help!
25 February 2019 | 62 replies
We could refi and get some of the cash out, but that would remove any of the cashflow we have currently, which doesn't seem to make sense.
Jesse Leitch
Thoughts on real estate prices in York Region for 2019?
8 April 2019 | 1 reply
Any potential government intervention to remove the stress test or increase the amortization period for CMHC insured mortgages would most likely increase demand.
John Lee
What's the pro and con of buy a rental property zone C3
15 May 2019 | 3 replies
What will it cost to remove?
James Sebolt
Lease Option Agreement in TEXAS
10 November 2019 | 8 replies
Can you secure a seller's home, and stay in the middle (sandwich lease option) for 180 days, and if the tenant buyer does not exercise their option, remove them and move on to a new tenant for another 180 days until you find a tenant who excercises their option?
David Roe
2nd Position Mortgage Financing
20 May 2019 | 0 replies
He will remain on the deed till the 21,250 is paid off then removed from deed on the property. 2) ???
Kulin Dakwala
Asset protection and umbrella policy
21 June 2019 | 10 replies
Trusts create this anonymity by removing your name from public record.
Sean Harris
Flood insurance for investment properties?
7 July 2019 | 4 replies
A federally backed mortgage will require insurance unless the property has previously had a removal letter.
Greg K.
The end of the Agent?
29 July 2019 | 57 replies
And I do negotiate on those.. we read the settlement statements there Is no question they try to pop in little charges and I get them removed.