Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Results (10,000+)
William McSheffrey Worcester/NH/VT/ME Real Estate Opportunities?
14 March 2020 | 3 replies
Earlier this year we were looking at multifamilies closer to Cambridge to make my commute a little easier, but we eventually decided to stay in Worcester since the numbers made more sense (we are closing on a duplex next Friday).
Michael Baum AirBNB updated their SARS-CoV-2 policy
15 March 2020 | 9 replies
With the cancelations, we are converting our properties to mid-term rentals and filling them with Travel Nurses in the near term, the hospitals near us are staffing up. 
Aaron B. Investing in a Brazilian Favela, a COVID-19 success story
9 September 2020 | 32 replies
guessing eventually us$ will go back to where it was & then your property will be worth more.
Ken Latchers How are your overall bookings?
15 March 2020 | 10 replies
at the moment, I have zero bookings for the year, of course means no cancellations, I converted most to long-term rentals.
Jacob Larsen First jump into the investing game
15 March 2020 | 2 replies
Is it a converted multi? 
Paul Durham Why aren't the leaders of Bigger Pockets addressing this crash?
17 March 2020 | 7 replies
Life will eventually resume.
Chandler Miguelgorry Looking for referrals of contractor in SF for house hack updates
14 March 2020 | 0 replies
It should easily convert to a rentable 1BR/1Bath unit.
Mark Feaver WOULD YOU BUY THIS PROPERTY IN THESE TIMES?
16 March 2020 | 12 replies
Your brother came and looked at the place Courteney and I just got under contract and we plan to convert the garage into an ADU. 
Shafi Noss Multifamily Investor Demographics
11 April 2020 | 7 replies
We have several that eventually want to syndicate themselves... 
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)