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25 May 2017 | 5 replies
I would say a lot of it depends on your market and sometimes there is no way to tell until you try it.
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8 September 2023 | 20 replies
Youtube is a free resource you can find some great Airbnb hosts that have great advice on how to pitch to landlords.I recently got my first Airbnb Arbitrage property and I will say a majority of it is networking and honestly asking people continuously.
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3 June 2020 | 28 replies
I always say a bigger shark will eat up a smaller shark a store may no longer sell a product when it goes out of business but if the demand remains another store will step up and sell that product
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30 October 2018 | 70 replies
I would also say as an investor, you probably need to make 10 offers for every one you get.
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14 September 2022 | 61 replies
Canada only has, I believe, 6 cities with over 1 mil population, and of course prices are much higher in these locations (they would likely gain more appreciation over time, but with a higher purchase price the overall return would likely be the same as say, a city with 300,000 population).When it comes to inflation, it seems most jobs don't keep up with inflation raises.
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16 October 2019 | 30 replies
So, when you find some random guy on BiggerPockets and you convince them that real estate is the right path, they might be a pushover and just take whatever you say as gospel.
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4 July 2020 | 10 replies
At 20% down plus closing costs you can buy say a $120,000 dollar house that may rent for $1200.
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30 November 2023 | 8 replies
I have heard some lawyers say a multi-member LLC may provide more protection, but I suspect that varies by state.
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28 January 2015 | 4 replies
I'd say a little of both.
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22 May 2015 | 1 reply
(so maybe omitting PITIA from your cash flow calculation is a way to compensate for having the housing expense of more than your own home being added to the debt part of your DTI.)anyway all this seems to say as long as the cash flow for all properties is positive, only PITIA from your principal residence is added to the debt part of DTI. all this is supported by:B3-3.1-08: Rental Income in the paragraph