I recently came across a software company called Baselane. Its supposed to simplify rent collections for landlords amongst some other things. I was just wondering if anyone else has heard of it and if so, what are you...
I have used excel spreadsheets to manage my budget for for primary and 3 investment properties. I'm starting to realize there must be a better way. please let me know what software package you use to track what is du...
I have my eyes on a deal in Toronto,Ontario. But I'm not seeing the numbers work. The seller is quite firm on 1.5 million.Gross Income is 98K with two units unrented. Fully rented the income would be about 125-135k.Cu...
What are the steps to purchasing your first commercial property? Best way to finance deals?
Between us my husband and I own 3 businesses, one is real estate. We will soon have seven units, so not a huge operation, but as others have said, it would be easier with a 20-unit building. We have an accountant but ...
Everyday I'm thinking about being Exceptional..
1. Helping others
2. Taking care of tenant issues quickly
3. Managing finances effectively
4. Look for opportunities
I receive great...
There are no two ways about it: rigorous due diligence is required. It serves as the foundation for all successful deals.The first stage in analyzing a possible investment is to perform rigorous financial due diligenc...
I am looking at a set of two properties located next to each other. One is a 3 bed 2 bath renting for $855. the second is a duplex property with two 2/1 configurations renting for a combined rate of $1280. I found a l...
I've been digging on the forums for discussions around the purchase of motel properties. I am currently looking at a property that I think would be a great investment but I am looking for advice and wisdom in the area...
Hello everyone. I’m new to the RE world and have a few questions. When I’m ready to use my own money to purchase a property from a motivated seller, will the bank allow me to take out loans if they see that the funds ...