I've been calling around to some US banks this week to see what they offer to Canadian residents in terms of financing US property. Here's what I've learned so far:
BMO Harris - Will loan up to 70% LTV on sec...
Hi all,
I figured out try to add some value to someone's day. If you are curious where commercial rates are on any given day in the Boston area, a good place to start is to head to FHLB and check out there rates for...
I'm about to finish my 2nd flip and am looking to purchase my 3rd within the next 2-3 weeks. The first two were just purchased and held in my own name, but I'm wondering if this is the best way to do this?
I have re...
You’ve done the due diligence needed to start a vacation rental property business, selected the best location you could find, invested your hard-earned money, and listed your short-term rental on Airbnb.Now, you reali...
I'm considering investing in real estate to accelerate the growth of my wealth, and wanted to see what my options are. Given my situation (see below), what real estate strategies are the best fit, what are the typical...
Hey BP Fam,
I just got off the phone with my CPA and it sound like me and my wife's effective tax rate will be upwards of 23%!! When I first started in real estate last, everyone made it sound like an incredible tax ...
Hi everyone,
I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds. Currently, we have them in a money market savings account, but I believe there are better opti...
Hey Bp family. I currently working out a deal with a seller. Come to find out she's trying to help the actual owner sell the property. So the woman trying to sell the property (not the actual owner) and I decided to J...
I'm curious about people's experience with property management fees for mid-term rentals? Typical property management fees for long-term rentals are anywhere between 6-12% of rental income while fees for short-term r...
Hi Everyone,I'm presuming that I'm not alone in this and would love to hear how others deal with this situation:1) employee at a company that offers a small matching on 401k2) owner of properties with cash flowWhen I ...