I appreciate the equity side of leverage but that is distinct from cash flow leverage or margin (making a return in excess of the cost of borrowing from the borrowed funds) The example above of the property producing 4% and adding a 50% mortgage seems to confuse the 2. Agreed if you have a...

Seeing as Tampa was mentioned it is interesting to compare some economic data to our own largest market here in Toronto. Both have an expanded market area: The Tampa Bay Area vs Greater Toronto Area Population is hard to get up-to-date accurate info so I linked Wkikipedia for an easy...

I do not know about AB but in Ontario disputes between tenants not your problem. Leases are joint and several liability in most cases and you are entitled to pursue any one of the tenants for all or part of the unpaid rent. If the tenant that moved does not pay you can collect from her or the...

It might be an idea to also ask about the type and size of lizard:) Lizard King Evicted - Toronto Star This guy said they lived in a terrarium also. It is just that they happened to go out now and then:)

Population shifts in US markets: Top 20 for Net Migration - Bloomberg (April 8, 2014): http://www.businessweek.com/articles/2014-04-08/austin-or-bust-americas-biggest-cities-lose-people-to-the-urban-b-list Florida to surpass New York to become 3rd most populous State. New York Times -...

Looking for a newer (low maintenance) US investment with high rental demand ? Check out this 2010 built 3 bed TH in this DH Horton community in South Tampa. 1480 Sq. Ft. 3 bed /2.5 bath model. 2010 Construction. Owner occupied Asking $ 219,000. Comparable new $ 234,000 (sold out, more...

Thanks, Glad to see Tampa on there.:) Not married to Tampa but invest & manage there and like to see how it compares. Funny how it speaks of the institutional investors as they made it very hard to buy for awhile. A lot of the foreclosure buying has slowed down however and good deals are...

Sure, https://www.youtube.com/watch?v=ZO1mR_N4OO4

Hi, What State did you buy in ? It would be great to get some comparative returns between the various markets you have looked at. We just did a video walkthorugh of this Bank Sale Listing in Tampa yesterday. 74K rents for 900 +/- here is a worksheet showing over 7% operating return...

There is critical point to know about the L9 that I did not see in the above posts. It is true that when a tenant does not pay you can either elect to a) terminate the tenancy or b) apply directly to the board for the rent with no termination sought or available. However it is...

Thanks Thomas, I found your securities posts extremely helpful and your website is a model. Excellent advice also to make reasonable account for ALL costs. This is a template we usually use to get a realistic baseline return running the numbers for the houses in question. The property taxes...

If you have been researching Florida real estate lately you may have heard of the massive increases to flood insurance that started being implemented last fall. March 24th CBS Update on Florida Flood Insurance The short story is that after Katrina the Flood Insurance program was...

Hi Alex, This is the statement from the Board Guideline on topic. May a Guarantor be Ordered to Pay Rent Arrears There are tenancies that the landlord only accepted on the basis that a person other than the tenants would guarantee that the rent would be paid, should the tenants not be...

Tampa had a good start to 2014 with average sale price of a single family home up 9.5% from the previous year. While January is always a slow sales month, both closed sales and pending sales were up marginally 1.2% and 0.1% from the year before. Cash sales are down 9.7% but still account for a...

BMO Harris has financed some of our U.S. rental investments however they also had a limit of 50% LTV and 1 per client. Sometimes possible to do 2 using another HELOC type product they have. Limits and specifications change rapidly however, hopefully more liberal as market continues to improve.