Recent content by Matt Crowley

Rent to own works well in an appreciating market if you want to 'lock' in a return. Most guys thinking about rent to own don't understand that for this to work, there needs to be a chance they are giving up some of the upside to the tenant-buyer. Negatives is that if the market doesn't go up...

Find an actual deal, tie it up, then look for capital. Direct investing is all about the business plan specific to the property.

19 months late sounds like you have a case to expect things to continue as they were. You have a right as a tenant to rely on past actions of the landlord. I would suggest reaching out to the LL board and if necessary tell the landlord you are willing to go to mediation to resolve it. There is a...

Some excellent resources here: https://astudentoftherealestategame.com/resources/ Really depends on the amount of risk you want to take. Long term hold is a great strategy over the long horizon with relatively low cash flow (if any) distributions for the first 5 years. Great wealth builder...

A potential problem could be if you have a long term tenant who sees their rent as savings and asks for a payout. Even after 3 years that is a sizeable cheque. Is it held in trust? What interest is it earning? Does that mean I get equity in the house? It also looks like an excessive deferred...

One point unclear in your story is if you provided proper notice to enter to inspect the repairs? If you didn't provide proper notice (and there are specific standards you have to meet: 24 hours notice, specific time range, specific reason), you might have entered at your own risk. In general...

Hi Golda, I second everything that Thomas has said above. Not a rookie strategy. This is more appropriate as a fund strategy with mega buying power. There are platforms in the U.S. right now that will buy houses sight unseen and flip it...

Hold back on the final payment and file with small claims. You will need a few estimates to correct the work you view as deficient. Shouldn't need a lawyer.

I agree with Cory. A solid, already legally suited home is $350k in Edmonton. 5% down is $17,500. With closing costs you need about $20k. Live in the basement suite, renovate it if needed and then start saving for your next home. Another point not considered - at the scale of investment you...

Keep in mind that RE is very asset-driven more so than buying a stock index. There is money to be made in the asset categories in any cycle, it is all about price entry point and less about cyclical factors. Even large RE companies invest this way. They just buy much larger assets $100 MM + and...

Don's philosophy is fundamentally buy for the dividend and let the growth carry you on the back end. It is a bit truncated to include only more or less ready to rent units. It depends on what your goals are for returns and the amount of risk you want to take. RE is broadly broken into 4...

Do not hire a PM company for SFH! They basically charge an ongoing leasing commission and do no work on a monthly basis. You will lose $300 per month and be totally puzzled as to what they are dong for the money. The reality is there just isn't enough money there for them to provide any service...

I would not do this either. What a nightmare. Own 100% or nothing. Agreed with Thomas, provide an option to purchase. There is no difference between owning and renting when the bank is renting you the capital to purchase, and plenty of ways to gain a real estate proxy for performance on the...

Hi Boaz, Good questions. It is an option meaning that if you don't exercise the option you lose the option. There is no penalty. You have a tenant in place so all you need is a simple option agreement. Don't need to do anything to the lease. The sales price is negotiation between you and the...

storage is commodity real estate. Pick a location you like with the lease you want.