The numbers for this added up to be significantly greater than any index investments would give. 

I had a client recently buy a 2 unit in Albany Park + unzoned attic and then were able to legalize the attic on zoning doc from an old water bill ended up being a huge value add likely over six figures added now being a legal 3 unit. 

But assuming that the first year is predictive of the following years--and this is a big assumption, you better watch out---then it tells you that besides everything else, the investment will not be adding to your liquid cash, not draining it, returning 10% liquidity to your cash invested per year.The idea with many investors is to put as little down as possible. 

I'm in the process of retrofitting my duplex in Ottawa - a relatively easy one, just adding some sprinklers in the furnace room (self install + inspection for ~$1000) and some drywall in a basement hallway.First question - does the fire-retrofit inspection add value to the duplex, generally, in your experience?

You post an ad the prospective tenant would like to see it within 48hrs.  

Check out the wholesalers' ads in the marketplace, you'd think cap rate is the ONE and only metric that matters in buying a rental house. 

Hi all,After listening to a few of the webinars, I am curious into the process for of buying 2 or 3 bedroom properties and adding square footage and extra living space. 

I've begun calling lenders to try to determine the best rates. 

The only caution against it is that if the unit is under rent control, any added pet rent cannot bring the total rent increase above the amount allowed under rent control.

BUT if a handicapped person is selected to rent the property and asks for an accommodation that a  tub be added, then you must consider this accommodation, and if it is reasonable you must do it.