I just purchased my first 3 bed 2 bath home with the intention of finishing out the walk out basement as a private fully furnished 2 bed 1 bath + full kitchen apartment. I am trying to determine if the numbers make se...

For the new investors that want to create passive income, what route should they choose to reach that goal?

What is the best structure to own American rental properties for a Canadian citizen & resident. I am planning to go for Limited partnership. Is it possible to have a level below Limited partnership to know diff...

I came across an 4 bed- 4 bath old house (1916) in MLS. I ran some numbers and it came up with ROI of 16%. I am sure the house needs work, but I think it could be a good rental property. Since I am a newbie, I do not ...

When using the 2% rule it's the total rent divided by the property (asking price or value)? Also, if a property does not meet this can you find a number that will work and offer that? Thank you for any insight.

I spoke to a homeowner today who called me about getting rid of a property. She doesn't care what the property sells for. During our brief conversation, the homeowner mentioned she previously tried to short sale in th...

One of my biggest questions is, do I need to be working a full-time job to start my real estate investing? Here's a little about my current situation. I worked for 9 yrs at my job. I quit about 2.5 yrs ago as I was ma...

Hello BP,I have been trying to look for any existing posts that fit this situation but I have not been able to find anything substantial. Please help answer this question. I have a scenario where someone I am close wi...

Is there ever a scenario where an investor would pay for their own appraisal so they know what to sell their house for and not go through the headache of setting a price only to find that the buyer's appraisal is lowe...

​What type of insurance is required on a multifamily property? (2-4 units) is it any different if you occupy one of the units? Also, what do insurance companies look at to determine your rate? Are there any factors in...