The remainder of the capital raised will be for our reserves (property is currently in the red) and capex (adding covered RV storage, gate automation, surveillance, etc.).

Sometimes Fannie or Freddie automated underwriting findings only ask for 1 year of tax returns. 

@Joshua Martinez1) Open a stock investment account today2) Automate X amount of your check to go into that account every pay check3) You are most likely not going to hit a home run on your first investment property.

With the rising home prices in Toronto GTA Ontario..The government has has implemented a first time home buyers incentive for you to buy a home with a downpayment between 10-15% and avoid CMHC taxes..One of the requirements is having income under $120kThe province is willing to lend you 5-10% towards your Downpayment with no interest and payments until you sell your home within 25 years.However they are basically investing with you as they want the same amount of equity as they lent you.

The implementation of the standards was progressive through the 70’s and 80’s, and it could be any combination of outlets and breakers, so you can’t just hold people to the fire on a 1978 house with original outlets.

We're now working to figure out the best way to implement your Strategy 2. 

Has anyone had success implementing RUBS or submetering an apartment complex in southeast Texas?

Hey guys I’m new to this I had a friend who referred me to bigger pockets I discussed my interest on getting into real estate in 2020 when I come back from deployment so I’m doing research gathering intel before I start implementing I have a strong desire to learn before I start because I want to do it right anyone have any ideas or good books to read to further my development and knowledge my goal is to eventually flip houses as well as buy low sell high....Pleased and blessed to meet everyone here

@Matty FoleyThere are tax benefits if you hand him say a $2500 DOWNPAYMENT and then owner financing vs his SELLING the property outright and taking the incomeI would highly suggest you take him out of the loop of any ownership / landlord duties once you sign the contracts and implement the owner financing ..because You Need to learn Property Management AND start incorporating a rental property into your daily life.

-The majority of the facilites in the market are owned by sole operators, allowing investors with a solid system the chance to implement that system and reap very nice rewards.