Jamie M wrote:
I'm biased but you should probably start with speaking with a mortgage broker that deals with property investors. He/she will be able to assess your situation and advise on how much you can borrow to purchase yourinvestment property, etc. This shouldn't cost you anything (most of us are paid a comission from the lender you deci…[Read more]

Danny F wrote:
what other responsibilities do i take on as a land lord of a commercial property?

I just want to add this:

Tenants are typically responsible for internal repairs and maintenance. However, in some cases you will also be responsible for external maintenance. This is more likely if you’re the sole occupant of a building.

Freckle wrote:
Hedge fund hot money with no where to go. Another bubble, albeit small, in the making.

I would make sure I covered my positions with rock solid agreements and secure payment arrangements. I can see this thing blowing up in very short time with these guys.

They’ll drive the market at break neck speed as others pile in also trying…[Read more]

mattsta wrote:
Why not just go with a full time property manager to help you out? It may be a more costly option, but it is also one of your best options.

Yes, I think mattsta is right. I think too that this is the best option to choose in your case.

bugeye23 wrote:
2. whoever buys my house in the future would never have to pay for electricity again.

Who knows? Maybe I’ll be the one to buy your house in the future! I’ll never pay for electricity again.