In the future, get it in writing instead of texts. Some people will be more prone to act when a document is signed and prefer to do it in person. If any of them hesitate on signing (giving you excuses) then you know where you stand. I would have one agreement as everyone will be responsible for...

I must disagree with your comments... Beside walking the neighborhood and calling (not looking at signs) you should also send letters (several people have contact me based on my letters - not intermediately but they do call - old folks and SPECIALLY for multifamily properties, I will write...

Stress out that you are looking to buy and not an agent trying to list their property.

If building supports, get a 2nd from private investor.

Budget cleaning for turn-overs. As others suggested, invoice them.

Just send a written notice/email indicating that as per lease, the unit is non-smoking. If this continue, you will take proper steps to correct the situation and pass cost to tenant in case smoke damaged to the unit.

I guess depends on your jurisdiction. I.e. In Quebec, I deal only with notaries other jurisdictions, lawyers. Regardless, make sure the professional is well verse in real estate transactions.

+1

Your rental application was not approved. (<--- Notice the period at the end. )

You might need to clean up your house first - decent income with no cash flow not a good sign - Save some cash and keep learning as much as you can.

I was not able to login from work or mobile last few weeks.... requested to reset pass and I never got a response.

Got an error today when trying to authenticate from another location but I dont get to use it every day (lately)

This is not different than what UBER did where they launched an app (claiming a new edge of doing business to benefit of the general public) to by-pass current legislation, safety standards, etc.

Maybe you can corner the market!... looks really nice, double garage and lots of light will pay off. Perhaps the corner lots have not been sold due the extra premiums.

Run the numbers based on legal number of units...

I have been using http://www.123landlord.com/ for last couple of years and I really like it. Mostly for property management not so much for mortgage info/ net worth.

My comment was in reference as he is planning on holding assets on the corporation as buy-and-hold. That is, several assets which are no longer relevant to his flips activities so if he mixes both operations on a single corporate entity then he is exposing the assets unnecessary. In fact, some...

You would be exposing your assets (non-operating corp) with operating activities. If you get a lawsuit in your operating business, you could potentially lose assets. The non-operating might hold assets that are not related to current activity.

Investors are the only ones concern with negative cash flow so try to market and sell it to non-investors. If your current renters qualify and interest then offer them a rent-to own option.

I would not mix Fix&Flip (operating corp) with Buy-And-Hold (non-operating corp)..