
30 September 2024 | 10 replies
Amateur GPs are normally NOT good at this and many have lost all their investors money.

25 September 2024 | 1 reply
Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

28 September 2024 | 12 replies
There used to be one, but normally people post questions in the larger groups and simply add the location (usually Canada or the province) to the heading.

27 September 2024 | 66 replies
I am glad and fortunate that I am already well positioned with my RE holdings.Good luck ya know maybe the market is just normal and what was not normal was all those investors who jumped in 2010 to 2020 those were abnormal times.. prices interest rates.. maybe we are just back to normal ???

27 September 2024 | 8 replies
Hello,I have a preapproval for 3% down payment conventional loan, as I own no property.Haven't found a house I like, I wanna be patient looking for my to live-in house, but I still wanna get a rental property where income covers all costs while looking for my own house.My question is, can I get a normal 20% down conventional loan for the rental, and then later I get a conventional 3% down loan for my house?

26 September 2024 | 3 replies
My question is, is this the normal way of doing a cash out refi for a BRRRR and pay closing costs twice?

2 October 2024 | 38 replies
We're never going to fix this supply problem for housing unless we can juice the number of builds getting done to where its back to normal (i.e. pre boom times from 2005 to 2008).The federal government should do the exact same thing to stretch the money. 25k down payment assistance for first time home buyers who buy new construction homes as a no interest loan payable only upon sale or transfer (i.e. if the person dies and someone inherits, that 25k could be called due).

27 September 2024 | 8 replies
Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

30 September 2024 | 12 replies
But the city has risks too: historic tanneries, dry cleaners, gas stations, garages, workshops, any kind of industrial use - always be suspicious of what people did with chemicals back in the 50s and 60s when the general population had no awareness of the damage I just had to turn down a small development 10 house's or 20 detached as phase 2 found chemicals for the Filbert orchard ( Filberts are hazelnuts ) that was planted 30 years ago.the soil had to be dug down 1 to 2 feet analyzed and hauled to special dump at 3X normal dump fee's.. there is a reason why we do phase 1 and phase 2 and just dont buy this dirt and take on those liabilities.. now to be fair this is for lending purposes is someone want to buy it the county / city would not require the phase 1 or 2 but you take on going risk of someone suing the pants off of you in the future.

26 September 2024 | 1 reply
Or is this a normal thing that happens to every wholesaler?