Richard Yount
How to Set up Finances - First Property House Hack w/ in Law Ste
Hello All,Thank you in advance for the help. I'm reaching out as I'm getting ready to make my first purchase of a property. To give you the details on the property, it's a single family residence with two in law sui...
Deion Alaei
Being a new real estate agent and paying for the costs
Hello BP,
I'd like to get opinions from fellow BP members on the following question.
When a person first becomes a real estate agent, they have plenty of costs/expenses: both personal and business expen...
Todd Gustafson
Strategies and Philosophies: Multi-part question
I've been reading some on landlord mentality. It's led me to a few things I need to clear up. I'm a newb and still in the absorbing information phase.
This may be easier as three seperate questions. Here it goes:
1)...
Paul Yevzikov
Help with #'s please
Hello all,
I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.
Location and repairs aside, strictly by numbers, what do you guys make of this deal:
Single house, 3 fam:
- 2 be...
Sud S.
Creative Financing 50-50 partnership proposal
I am looking to buy a investment property with 50-50 partnership. the other partner is not in the position to contribute to 50% so I am trying to structure a deal such a way that it is beneficial for both parties. I w...
Jimmy H.
What range does the 2% rule work
In what price range does the 2% rule work most efficiently. Is it best for duplex, SFR, or 5+?
Bienes Raices
Treatment of rental application fees (tax, LLC)
I'm taking applications for a property owned in an LLC. They are always in cash. Do I need to deposit this cash into the LLC bank account in order to do things the right way in terms of the LLC, or is okay to just kee...
Jack B.
Need help interpreting financial information for multi family
This is what I see on listings on Redfin, apartment complex for just under 5 millionNet operating income, is that after expenses but before debt service? I used to know this stuff but forgot as I stopped looking at MF...
Eric Thomson
First Potential MFH - What Am I Missing??
Hello BP! I'm analyzing a deal that I hope will be my first MFH purchase. I need to know what other questions to ask and to figure out my max purchase price. Could use the help! I'm looking at 18 units (18 roofs) on 1...
Luc H.
Canadian Accountants?? - discussion and recommendations?
Hi all, i, like most of you (i hope!) want to limit the amount of tax they pay in real estate, and in life. I have complicated schedules, with accounts for RRSP contributions, stock cash trading accounts, a rental inc...