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I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
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Hello All,
My wife and I are looking to buy our first rental property and hoping to get some advice or guidance on the process. Our desire to purchase a rental comes from wanting to generate some inc...
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Since the turn of the year, nothing changed overnight. Corona Virus still affecting major part of the world and real estate has it's own reaction to this epidemy. As the interest rates sunken the market went on even c...
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This is a friend/co-worker of mine. They are just getting rid of their house. It's a STEAL. Probably 25% below market value if not more! I tell him, sight unseen, "I want it, sell me that house!" He says he has p...
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We are still trying to determine what is the best route for us. We have a huge amount of equity in our home and can be debt free in less than 8 years. Then we can put all that money into savings and have a net worth o...
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So in light of the new news of the 15% property transfer tax for foreign investors, how does everyone think this will impact the real estate market in the lower mainland? As I understand, this includes all the Metro V...
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I've been researching Strip malls that range from $2.5mm to $4mm. Under 10 years old, good traffic counts and in growing areas. In this range, the name of the game seems to be get it 100% leased then sell for an 8.5...
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Copying and pasting here the message I sent to David Greene . Hoping to get some thoughts/ideas here that would help me resolve my dilemma on how/where to invest the $300k cash we have - Whether to buy a 2 bedroom ...
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Heres my take on the Dubai vs. Miami property market!
In Dubai
Current demand is 40,000- 50,000 residential units per year.
69,000 are to be delivered by the end of the year (2007).
69,000- 50,000 demand of un...
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The business model for AirBnB & VBRO is becoming more and more risky every day. The problem is various cities are intervening with new codes restricting what is know as Short Term Rentals(str). Length of stay may...