Adam Jaken
What will happen when interest rates go up?
Hi guys and a happy Sunday to you all!
I am predicting the rental income will go up as soon as interest rates go up.
The reason I came up with this conclusion is because when interest rates go up it will make it ha...
Brianne H.
Investing in vacation rentals from afar
Hello, I am considering investing in a vacation rental and just looking for a little advice. I am a new investor, have done a few flips, and have been a landlord when renting out our basement suite before, but otherwi...
Account Closed
Tenant already not working out
Hey BP,So. Just a short back story. Second month of lease, the rent was 2 days late. My wife texts, they say the rent is on the way. Next day I get only $700 of what was supposed to be $1700. Tenant explains you ...
Account Closed
> ONLINE FICO "FAKO" SCORES vs "MORTGAGE" CREDIT SCORES
A 700 credit score isn't as good as it used to be. And those worthless Online scores are generally a lot higher that Mortgage credit scores. New Mortgage Credit Scoring (un-official chart) 840 - 800 Extremely Good 7...
Herm M.
"You can only flip a property for 20% profit."
What does this apply to? Obviously flipping properties.
But what does it mean?
So if I buy a property for 500k and put no work into it... I can only sell it for 600k? According to which lender's guidelines? Which l...
Raj A.
What are some challenges with being a landlord in California?
I've seen some comments on recent posts along the lines of "...but I won't be investing in California because the laws and regulations are very unfriendly to owners/landlords." On paper I recognize California is a hig...
Grand Wally
Eviction question
I'm pretty sure I'm about to evict a tenant....
What can I do to safeguard any potential theft/vandalism in between the time I notify the tenant I'm going to evict them and when the sheriff shows up (maybe 1 week)....
Scott Innocente
Canadians Investing in US Real Estate
Low interest rates, favourable exchange turn U.S. into hotspot
EVEN FOR INVESTORS IN CENTRAL CANADA, WHERE THE METROPOLISES OFFER DIMINISHING RETURN ON INVESTMENTS, THE UNITED STATES OFFERS DENSELY-POPULATED MARKETS ...
Megan Arzt
Partial Rent received. Now it's late. What to charge?
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
Cody Brown
Dave Ramsey Investment Approach
Hey, guys!So I was wondering if any of you follow Dave Ramsey and what you think about his advice on buying real estate? For those of you who don't know, Dave Ramsey suggests a zero debt, 100% down policy for practica...