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Results (10,000+)
Preeti Madan Investment with 150k CAD in Toronto MSA Area
17 March 2020 | 3 replies
I remember when I got mine a few years back and very soon after was very fortunate to be able to secure my first home :)I, personally, would pick between options 1 and 3.Option 1:Pros: You'll have a bigger space that you can eventually redeem for yourself if you ever need it, and allows you to ease into investing by house hacking.It might be easier to get financing for another place in the future if you already have a lease in place for the current location and can show that rental income already coming inCons: Only the portion that you live in could be looked at by CRA as a primary residence and if you do sell at some point, you'd be liable for the capital gains tax on the part that was being rented out (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-127-capital-gains/principal-residence-other-real-estate/changes-use/changing-part-your-principal-residence-a-rental-business-property.html)Option 3:Pros:Allows you to have your own space, and understand the nuances of condo living prior to getting a second condominium propertyAllows you to experience some condo living as well as be able to save up waiting for the pre-construction property to closeCons:HST on the pre-construction property (Unless you decide to move into it when it's done)
Bob Floss II Civil Cases are being postponed (evictions and foreclosures)
17 March 2020 | 3 replies
I think Dupage County just took a similar measure overnight too.I think this will be come an big topic on BP in the next couple of weeks when tenants lose income from reduced or total loss of hours added to the fact that they will learn the eviction process is even tougher to accomplish then it normally is in and around Chicago.
Alejandra Tapia Borrowing money from your 403(b)
20 March 2020 | 12 replies
I've spent the past couple of months researching this topic and came up with the same conclusion as Mike S. 
Cole Bigbee Industrial/Metal Buildings-Who likes this market?
16 April 2020 | 13 replies
This is an interesting topic.
Carlos Villalobos Core Four, BRRRR & HouseHacking
19 March 2020 | 6 replies
2. use the 'search' function to find topics, members and areas of interest.
George Fejokwu Student rental lease break due to coronavirus
20 March 2020 | 4 replies
May be helpful.https://www.biggerpockets.com/forums/51/topics/815641-coronavirus-and-student-rental
Babek Sandhar Understanding the Foreclosure Process in California
28 March 2020 | 2 replies
Any links or references to forums relating to this topic would be greatly appreciated.
James ONeal Self Storage Unit Investing for Beginners: The pros and cons?
26 March 2020 | 13 replies
Self-storage units haven't been a topic covered since I have been a member.
Steven Thomas New member from Coeur D'alene Idaho
19 March 2020 | 4 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
Alex Silang Management company acquired by a larger competitor
19 March 2020 | 4 replies
Smaller companies are easier to over look some of these topics if they stay pretty busy.