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In most markets short term rental supply is high. And a big issue is that a good amount of the supply is from new 'investors' chasing what they thought was a get-rich-quick scheme. So the market not only has an unbala...
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This post was just inspired by @Jason Scott who just posted on FB how most people will never achieve $10 million, $100 million net worth etc (and theres nothing wrong with that) (Also, in like a decade on here Ive nev...
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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 ...
So I have developed this theory. I have had the discussion with only a handful of folks but was interested to see what the BP Nation thought. I have tough skin, so if you think I am crazy, just let me know, no big d...
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Me and my wife are coming into $1 million here soon. We do not want to "work" full time. If it's even possible, would it be a good idea to buy a multi family, hire a property management company and just sit back and c...
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Hey BiggerPockets!
I was absolutely blown away by the amazing responses, encouragement, and detailed questions from my first BRRRR post, so I figured I would share our journey on a recently completed BRRRR deal.
Bac...
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I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.
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Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
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My name is Nick and right now, I am currently living in a rental home. Upon moving in, I painted the walls and ceilings noticing discoloration. The previous tenant smoked in this home, and I am afraid that my health...
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I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...