Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Dwayne Poster

Dwayne Poster has started 1 posts and replied 453 times.

Post: Everybody has a Pitbull 🤷‍♂️

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

An 86 year old women died following an attack by the neighbours 3 pits, in Calgary this weekend. Devastating.

Post: Help me help my friend stay in her house

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226
Quote from @Mike Dymski:

All of us would like to live in a $2.4 million home in an exclusive neighborhood but most of us can't afford it.  I think the cold hard truth is to have a high paying job or marry one.


 right, and in this case she's divorcing one, and that has far reaching consequences.

Post: Adding resident to the lease

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226
Quote from @Tracy Tang:
Quote from @Dwayne Poster:

Could you not amend the names on the current agreement and get all to initial those changes. 


this is the part that I don't know if I can make amendment to change the residents names (adding one more) and change the property management names (to be my name). Is it legal? or I have to make a new lease?

Thanks.

 You can change any contract as long as all parties to that contract agree. I would not let them dictate the timeline though, as a call to the tenancy board (or authority) to query, would be prudent on your behalf.

Post: Adding resident to the lease

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

Could you not amend the names on the current agreement and get all to initial those changes.  Depending on language, it might be better to rewrite to exclude references to the a PM. I do this with local board sales agreements, retaining pertinent language while stripping out Realtor associated clauses.

Post: Off Market Properties

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

I vote the best strategy is segmenting the market, and applying blend of techniques. When I see an opportunity to talk with someone, I stop and talk. When I find a phone number, I call. If I want to cover a neighbourhood, I mail. When I want to cover the town I connect with Realtors. Nationally requires web based tools. Segmenting your prospective market often helps to determine the best method of addressing that audience. You often see probate, foreclosure, divorce, etc., but any ‘grouping’ of people can be target markets.

Consider them as a single entity, even if that entity consists of multiple persons. If the rents not paid, you take appropriate actions. You have (likely) a single agreement to service.

 I would look into the zoning bylaws to see if it complies. If it would, or could be made to, then apply for the permit as @Greg Scott described. If not, consider applying for a variance.

Post: Does the number of real estate transactions determine a hot marke

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

is it a hot market when inventory (and subsequent transaction count) are down, while prices soar due to high demand?

Post: Can’t find comps on property?

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

This is where a Realtor comes in very handy.

Post: Best way to contact and convert pre-foreclosure property owners

Dwayne PosterPosted
  • Investor
  • Van Isle
  • Posts 455
  • Votes 226

Most people appreciate the existence of options to their crisis. You likely wont sway minds, but cash to walk away can be very attractive to some. Somebody somewhere needs your service. They are desperate and are hoping you will call today. If, in your attempt to contact them, you get someone who doesn't need your services, be polite, let them know what you are up to, just in case they know who you are looking for, then get back to finding that person.