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8 March 2024 | 9 replies
The first is just the mortgage payments which typically cannot exceed around 28%.Then your mortgage payments plus your other debt obligations which typically cannot be greater than 40-48% depending on the lender.
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8 March 2024 | 20 replies
Greetings, BP Team.I am putting the puzzle pieces together in order to get ready for my first project, and ask that Houston-area investors reach out to me with the names of trusted contractors.Specifically, I am in need of a general contractor that:1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),2. is able and willing to do cosmetic work as well as studs-deep rehabs,3. has a dependable crew(s) and is known to hit targeted completion dates,4. is knowledgeable of Houston / Harris County permitting and inspection requirements.As this will be the first of a long line of profitable projects, I really appreciate your referrals and any other recommendations that you could lend me.Thanks in advance!
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8 March 2024 | 6 replies
I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers.
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7 March 2024 | 13 replies
It obviously varies quite a bit by how much you paid for the place.2.
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8 March 2024 | 3 replies
Choosing depends on your preference.
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8 March 2024 | 53 replies
I think it depends on you.
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6 March 2024 | 6 replies
Does this vary between force of sale provinces like Ontario and judicial foreclosure provinces like Quebec and BC?
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7 March 2024 | 5 replies
Also, have a plan in place for handling noise complaints or other disputes that may arise among tenants.Lastly, make sure to familiarize yourself with local rental laws and regulations, as they may vary when renting to college students.
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8 March 2024 | 8 replies
Never a best time and maybe never it really depends on you and what you are trying to accomplish.
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9 March 2024 | 17 replies
Again it depends on the investors choice, me personally am not into D class buy and holds.