We are often on the phone when he is pulling up to pick them up from their private school and his Bentley and they are upset because the Wi-Fi is not on for the 10 minute car ride home.I Love telling him to make sure that he at least gives them a couple free and clear properties in the portfolio that will be budgeted towards their drug and alcohol treatment center when they’re adults!

Any wood stoves or secondary heating units.

Additionally, many of the antique houses have quirky features including, but not limited to, box outs for heating/ducting, chopped up rooms to accommodate bathrooms and other modern conveniences, small closets, knee walls, lower ceiling height, etc.

The heat had to always be at least 68 degrees Fahrenheit half the year or tenants would call 311 and get me fined (gas to keep the house warm cost me $850/month because of the poor insulation).

Plus, having central AC/Heat would up the home value and help it rent better. 

Refi amount $ 174,000Property is rented for $ 1400 Each unit ($ 2800 Total Rent Collected)Taxes + Insurance $ 8K per YearCommon Area + Garbage + Heat/Water - $ 250Laundry Income on Unit is about $ 900 per year but we do not count that as incomeCash Flow: $ 887/Month with zero out of pocket. 

The Bylaws and Declaration of the Association spell out the boundaries of the unit (studs vs painted surface), what is considered part of the unit vs association (internal walls, cabinets, internal electrical, heating, & Plumbing). 

I live in Vancouver BC so it’s a pretty high market – I could potentially house hack but I would have to get a car, deal with water and heat bills etc.

I have a real estate agent but it seems like they just send every home in my budget without really narrowing out turnkey properties that are missing that rehab element really needed to make substantial equity on a deal.

Town water and sewer, forced hot air heat.