One thing that has saved my bacon many times is talking to the neighbor about the property. Neighbors are so transparent and honest, they will give you the entire down-low on the property. Scott McGillivray Read Quote
A lot of times people get caught up in bidding wars, and will go way over what their price needs to be because they love the house so much. Scott McGillivray Read Quote
Buying a home is a very emotional process. It’s important to remain rational and stick with your price limit while buying. Scott McGillivray Read Quote
If it is a rental property, we’ll typically keep it fairly neutral. If it’s a vacation property, we have a lot more fun and do things a little more edgy and exciting. When we’re flipping, we obviously want to make smart decisions and do things that produce great returns. Scott McGillivray Read Quote
Technology has really created new markets. For instance, Airbnb has created a high demand for executive short-term and vacation properties. Even 10 years ago, it was hard to find tenants without newspaper ads. Scott McGillivray Read Quote
You have to care about the transactional cost. You have to care about the future value. You have to care about maintaining value in your home through repair and maintenance. Scott McGillivray Read Quote
I was one of those late bloomers when it comes to motorcycles. I didn’t get my motorcycle license until I was 25. Scott McGillivray Read Quote
One of the biggest challenges is that once somebody realizes that they’re ready to buy a home, then they realize that they haven’t prepared properly, and it takes a while. Scott McGillivray Read Quote
It isn’t always easy to stay within budget when committing to a renovation, but one place you can cut costs is on the demolition. Scott McGillivray Read Quote
