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27 January 2021 | 12 replies
In the meantime, I spoke to real estate professionals in the area of these prospective properties, to get a better idea of any potential intangibles that I may not have been able to glean from the internet or having lived in the area(s) personally.The professional experience and (cross verified) area knowledge that they provided, fortified the months of researching/understanding needed to feel comfortable enough to pull the trigger.
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26 January 2021 | 15 replies
The thought of BK didn't cross my mind even though I'm dealing with multiple sellers whom had included their house in their BK right now.
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26 October 2021 | 50 replies
I have seen it before for 20 to 25% down for very, very strong buyers like doctors that already have a relationship with a lender and do full recourse and cross collateralize everything.30% down for the investment grade tenants and a long term lease is more customary and sometimes 35% down is required.There can be times where there is say 8 years left on primary lease term with a national tenant.
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20 January 2021 | 4 replies
I did not register the deed , condo remained rented ,and my second ex was declaring taxes on it .Finally 3 years ago I registered the deed and condo belongs 100% to me because I also paid to my first ex his % , 33k .I am declaring to taxes the rent for 3 years now .At the present time condo is estimated at over 600k .I would love to sell it . ( however I can not to do it reallysoon, becase I am locked in the country on the end of the word bypandemic , but hopefully , vaccine will be here and borders will open)How hard are going gain taxes hit me ,how at all they will be calculated ?
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14 March 2021 | 10 replies
So you want to save time for yourself and cross of anything thats going to waste your time.
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28 January 2021 | 8 replies
However my due diligence is purely focused on finding out what differs because I am in Canada trying to do it cross country and not living in the US doing it state to state...
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21 January 2021 | 1 reply
That also are cross border licensed, so if you ever want to branch out to start investing in the states, they are there to help!
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25 January 2021 | 24 replies
You can tell the previous owners did a few things themselves like the kitchen back splash and paint but the foundation and building systems all appear to be in great shape.Finger crossed for this one!
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21 January 2021 | 3 replies
I learned to not be too hard on myself when I don't cross everything off from my to do list that same day because, it will happen.