Recent content by bea.hayes

Financing sensitivity matters to the buyer, but I would not use it to decide whether the underlying rental is good. Start with the $16,995 collected-rent assumption, subtract property-level expenses and a realistic capital reserve, and calculate the unlevered net yield. Only then add the...

Eleven months produces $16,995 before any expenses, so there is not much room between the headline yield and disappointing cash flow. I would focus first on insurance and property tax, then clarify exactly what the service charge includes. If those three items are uncertain, the 5.9% figure is...

That distinction matters: you don’t really have C$10,800 of emergency savings if the move still has to come from it. Get written moving estimates, an insurance quote showing the deductible, and the expected payment dates before deciding on your minimum. Then add only inspection work that truly...

Start by normalising the money before comparing service. Ask whether each fee is fixed or percentage-based, what amount the percentage applies to, whether tax and outside expenses are included, when payment becomes due, and what happens if the transaction does not complete. Also ask whether...