Mike Trzaska
Credit score decreasing due to mortgages
20 September 2021 | 11 replies
Thats reported similarly to a credit card in that if your utilization is a high ratio, that would create a negative.
Samuel Thomas Miller
Beginner - Expensive Market Issue
20 September 2021 | 4 replies
Do you know what specific technique you would want to utilize?
Genny Li
Water saving doesn't pay here!
14 September 2021 | 0 replies
Regional and even town-to-town differences in utility costs can be profound.
Rocco Garavuso
MultiFamily investing In AZ? (Phoenix, else where?)
15 September 2021 | 7 replies
Im looking for good areas to buy a Multifamily property to utilize the house hack strategy, then start to buy up SFHs.
Charles Weaver
Next move to grow portfolio
15 September 2021 | 2 replies
I think it's worth easily $200k I owe $125k. my 4unit has separate utilities I only pay garbage.
Josh Gibson
Inheriting new tenants, last landlord didn’t stick to lease
16 September 2021 | 21 replies
I would look to utilize your own boilerplate for the new lease and avoid having to modify the current lease if the expiration is near.
Michael Nolan
BRRRR method question
15 September 2021 | 4 replies
BRRRR method utilizes the equity "trapped" in the property.
Jason Ridout
Cashflow still exists even with high BC real estate prices.
19 November 2021 | 2 replies
The top floor, with access to the garage will generate $2,600/m + utilities and the suite will generate $1,600 + utilities.$4,200 total income-$500/ property tax-$200/m insurance-$150/m maintenance-$100/m city utilities (water/sewer)-$210/m 5% vacancy (even 5% is overkill)-$2,500/m mortgage ($700k @ 2%)=$540/m cashflow - Even if you wanted to have a property manager at 10% the property would still be cashflow positive.This property only generates 0.47% of the purchase price per month (nowhere near the 1% rule) but still cashflows.
Shannan Bowen
After Closing Disaster... TRUE story!
15 September 2021 | 4 replies
This cost an extra $200 and uncovers things like utilities, code violations, etc.