30 April 2018 | 12 replies
Just be aware that plexes in Montreal are very expensive so it might take you a long time before you get your equity back, unless you find a fantastic deal.
19 April 2018 | 33 replies
Their goal will be to draw this out as long as possible at your expense.
5 April 2018 | 6 replies
I recently paid off all my debt and rent is my only expense.
4 July 2018 | 3 replies
@Naftali Tolibas Yes, you should keep track of your business and personal expenses separately.
4 April 2018 | 8 replies
That $200/month can easily be wiped out with some expensive repairs due to hard partying or just lack of concern for the condition of the property.
5 April 2018 | 7 replies
Rdu is great, but it’s very expensive.
4 April 2018 | 3 replies
Unless you think the property is hot and you buying it with enough equity in it to flip (consider 2 closing costs, repair and operating expenses), I would not recommend to borrow the down payment.
4 April 2018 | 7 replies
When you eventually move out, then rent out your apartment, and then have 4 apartments that cashflow, pays 100% of mortgage, and give you about 500-600 after all expenses.
6 April 2018 | 6 replies
I don't have final numbers yet because we have not sold and I have a couple more expenses coming in.
4 April 2018 | 1 reply
You have a good plan.Continue to reduce your expense which will allow you to save more which means you can buy that next property faster.