David Lowe
Multi-Family Rentals with Business Running Below. Good Idea?
7 June 2018 | 8 replies
Kids are noisy and smelly but not when the tenants are there :)I specifically like daycare because of a few factors. 1) It is internet resistant - you can't put your kid on the internet so you won't lose tenants to that in the same way you could lose a retail or office tenant to the internet. 2) It's always a need that will be there 3) A lot of times these days daycares are supported in some way with government funding.One thing to pay careful attention to, as mentioned above, is the lease.
Justin Campbell
Non-refundable deposit to make an offer?
4 June 2018 | 6 replies
Act like you don't care if you lose it and hold the sellers feet to the fire if anything goes sideways.
Kendall Vrana
Remotely Managing a STVR
11 October 2017 | 3 replies
If a tenant reports something wrong with the unit, you need that fixed immediately (depending on the severity) and you may lose business from any delays in repair.
Mark Locki
Favourite books for the Canadian market
6 June 2018 | 8 replies
Looks like I'll pick up the Joint Venture book as that's what I intend to do for most of my properties.
Allan Anderton
in the Salt Lake city Utah area single family or duplex?
14 June 2018 | 13 replies
Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!
Robert Leonard
Residential or Commercial Mortgage? 4-Unit Convert to 5-Unit
9 January 2019 | 17 replies
My team and I are moving on a deal in southern CT right now, after losing the Nashua property.
Pat Mulligan
Why am I having such a hard time with HM lenders? Unrealistic?
3 August 2021 | 23 replies
I really hate to lose this deal.
Adam Foti
Advice on Tenant Moving in Boyfriend Without Authorization
27 January 2019 | 11 replies
Due to some unforeseen circumstances and me losing my job in 2016, we put the upstairs back up for rent for extra income.
Horacio Gutierrez
Raising rents every year
4 January 2019 | 25 replies
If not the business is losing money.
Mark Reit
Avoiding mortgage Fraud
2 January 2019 | 6 replies
The easy and preferred answer is to tell the truth.The more difficult answer comes from figuring out if you lose more by telling the truth or by lying.