Loren Thomas
New member from Seattle area
Hello!I've been lurking here for a couple weeks, nearest I can figure BiggerPockets looks to be a huge resource in so many different ways. Great, great website with so many knowledgeable people. I came across the podc...
Eagle Yeh
1% rule for Canadian Market: What's your opinion?
Hi BP Canadian community,I am researching my first property. I have been running analyses and looking at deals in Alberta and Ontario. I am mainly looking at SFR. There is one topic that truly puzzles me and I wonder ...
Account Closed
What happens when you can't find a buyer
Lets say you get a house under contract and you have equitable rights but none of your buyers are interested. And does this happen often?
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
N.A N.A
Should I become a "slum lord"?
I live in Austin and am considering a property that is most definitely in a bad part of town. The street is littered with lots of un-picked up garbage and several cars on blocks. But the financing looks great.
4-pl...
Linh Khuc
Investing In Mobile Home Park In Illinois
Hi All,I'm from Illinois, have been focusing on commercial multifamily investing and I came across MHP in Illinois, I ran through the numbers and it looks pretty good, details is following:- 5 acre lot, 30 lots and c...
Brandon Duff
When are you too over levaged?
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...
Jesse Kindra
Received Notice of Bankruptcy from Tenant
Hey Forum - I'm wondering if you have any advice/comments on how to handle a situation where a tenant who was delinquent also filed for Bankruptcy, I was just told by the PM that they received a Notice of Bankruptcy a...
Ming Lim
Ask Me Anything - Investing in Toronto AMA!
Hi Folks!Biggerpockets has always been a great resource for me, so I wanted to give back a bit to the community.I understand that investing in Toronto makes me a bit unique amongst investors, so I wanted to open up th...
Robert Walden
Private Money Lender Payments
One of the advantages of using private money loans is that they can be structured more favorably than an HML or bank loan. However, there are still some general rules of the road that even private lenders expect. I us...