Had this question in mind and kinda cliché but still wanted to get a clear idea.Consider someone is looking to buy a house in Ontario, Canada. Lets say that person finds a deal.Now, the question is who pays for the s...
We'd like to think we have pretty detailed property management contract. We list everything we think has about an 80% probability of happening, with any correlated extra fees if it's not covered by the management fee....
Hi everyone,
I have found a very good handyman with experience in apartment rehabs. He does fantastic work for $15 per hr, but, alas, has neither health nor liability insurance. Thus, I am considering hirin...
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Hi Everyone,
I owned a multi-family property in Broom county in NYS. One of the tenants stopped rent payment about 6 months ago and avoid contact with us. That particular tenant has some annoying behaviors bothers o...
Hi, everyone. I wish everyone knew how great this strategy is, so I'm trying to spread the word. I'm not selling anything, just trying to let people know how it works. When you're paying your mortgage month in and mon...
I have found people will sign the lease and then you will find 2 more people living there. As long as the rent is paid and they are quiet I don't care.
Now when people get in hard times I find 3 people turn into 10 p...
Hi! Well I'm ready for an investment property and I'm working with a gentleman who wants to start another phase of his life and is selling off some of his residential rental properties. There are renters in place that...
My wife and I have purchased two rental properties (a tri plex and a duplex) in the last several months. For these first two we used savings for the down payments. Our long term goal is to have a portfolio of cash f...
I moved out of my previous house and am now using it as a rental. My plan at the time was to quickly pay off the house since it was my primary residence, so I opted for a 15 year mortgage. There is currently a little ...