Recent content by ravi_deals

The Vancouver-to-Bogotá context also matters here. Were the mortgage-rate details actually applicable to a Colombian purchase, or were they simply useful as a general reference? I would not let that feature outweigh weak listing status. For mobile, a useful comparison would be whether...

What does “serviced” include in this case, and what are the service charges? It would also help to know whether parking and any fixtures are included, plus whether the 145 m² comes from the title documents or another measurement. Are condition notes and title documents available after an initial...

Fair, although occupancy could still change the buyer pool even when the asking price is sensible. I’d separate three questions rather than choose one explanation: who can use the property immediately, whether financing affects the likely buyer, and whether the seller has shown flexibility. The...

I would verify the property classification too. “Mostly studios” across that price bracket may include materially different offerings presented under the same broad label. Neighbourhood boundaries, condition, floor area and any included ancillary space could overwhelm lease length. Even two...

I’d actually start with the model, not the local board. Local discussions can pull you toward unusual individual deals. Write down the purchase price, financing assumptions, acquisition costs, renovation allowance, ongoing management and exit costs first. Then use local data to fill the blanks...

I’d resist selecting an ownership structure mainly because its first-year numbers look lower. An entity can introduce continuing administration, while personal ownership may raise different inheritance or residency issues. First ask whether any ownership restriction actually applies to this...

Build a dated cash-flow calendar, not just a monthly budget: purchase costs, movers, first mortgage payment, insurance, service charges and essential repairs. Timing matters because several manageable bills arriving together can create the impression—or reality—of being short of cash.