20 December 2024 | 2 replies
Is it a typical inn/bed and breakfast setup with all the rooms inside of a main house?
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19 December 2024 | 10 replies
I typically look at Zillow, centimeter and BP to get a full understanding of what rents are in the area to get the best estimate of what a property would rent for.
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18 December 2024 | 4 replies
So typically 5 units or above.
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24 December 2024 | 9 replies
My two single family houses typically get rented out as mid term rentals under airbnb which offers good coverage and we have been happy with.
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20 December 2024 | 5 replies
Renting out the property for less than 180 days in the first year is typically one of those conditions, as you've mentioned.
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11 January 2025 | 420 replies
In Canada you can typically prepay whenever you wish and, provided you do not exceed the annual "prepayment limit" under the conditions of the note, you will suffer no penalty.
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16 December 2024 | 8 replies
@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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20 December 2024 | 3 replies
Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.
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17 December 2024 | 7 replies
Would love some advice you can ask the seller to delay payments but typically they will not.
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31 December 2024 | 57 replies
Typically these switches are in the vicinity of the furnace and not easily mistakenly switched off.