Jon Acosta
My First Deal: HELP with FSBO Free and Clear "Pretty House" - Option Lease Assignment
16 June 2015 | 5 replies
As for the down payment; I'm assuming we would negotiate something substantial enough for him to make his move to Dallas (like 10%-20%).Final question: if he's carrying the note (I.e.
Justin H.
Bought Student Rental #2 near Toronto, Canada
4 March 2016 | 17 replies
@Justin HerringtonWhile Thorold does not give a maximum occupancy per dwelling unit in a direct manner, it appears to define any building providing lodging to more than four (4) occupants as a boarding house:“boarding house” means a building in which lodging is provided for more than four (4) persons in return for remuneration or for the provision of services or for both and in which the lodging rooms do not have both bathrooms and kitchen facilities for the exclusive use of the individual occupant;In turn, they restrict a rooming house or lodging house (but never marry definitions to that of the boarding house) as follows:Where a dwelling unit contains rooms intended to be used in conjunction with a rooming house or lodging house, the occupants may share a single bathroom provided that: (1) not more than nine (9) persons occupy the dwelling unit; (2) for each additional nine (9) persons or part thereof, there shall be an additional toilet, handwash basin, bathtub or shower; and (3) access to the bathroom can be gained without passing through: (a) a habitable room of another dwelling unit; or (b) an open area, which is not normally heated during the period of the year which heat is required by article 2.22.3 of this by-law.So, it appears to come down to whether boarding houses are permitted where you property is located (and whether they need to be specifically licensed), unless your building would be seen as a non-conforming duplex.This is the question, I believe Thomas was asking.
James Wilcox
When is an offer not worth submitting?
17 June 2015 | 8 replies
Are the duplexes listed individually or as a package?
Denise C.
New Member in San Diego
18 June 2015 | 12 replies
I do appreciate knowing that I am surrounded by knowledge and knowledgeable individuals who care about my success here.
Nick Clurman
How do buy and hold investors survive in high priced markets?
10 August 2015 | 17 replies
So while someone might have scooped up something in the neighborhood on the cheap in 2009 - 11 we are not in that kind of market right now and prices have gone up substantially.
Benjamin Blackburn
I need help pulling the trigger in the right direction.
5 August 2015 | 13 replies
Seems like a good way to network with like minded individuals but I'm not quite sold on there model just yet.
Wendy Black
Asked to give hard money loan
20 June 2015 | 8 replies
He says you buy in at $60-$70k, substantially more than $25k.
Timothy Hansen
New Member from Buffalo, NY
29 June 2015 | 10 replies
I am relatively new to real estate investing, and I was looking to find like minded individuals in the Buffalo/Western New York area.
Cory Boren
Best Tenants are Drug Dealers
14 August 2015 | 17 replies
They have saved cash to get a home and I highly respect hard working individuals.
Saul L.
Square Footage - Net or Gross - Clarification
21 June 2015 | 1 reply
So measurements are on the whole building, not the individual units.