Joshua Whipple
Looking for advice on my first flip
Hello,I am looking to buy my first flip in the metro Detroit and was wondering if anyone could share some advice.I am looking to buy something in the St. Clair shores area, is this a good place to start?Should I be lo...
Cj Yu
Best neighborhood around Pittsburgh to investor who wants to buy and hold?
Wonder who can give some advice about which neighborhood close to downtown Pittsburgh is the best to invest in.We wants to buy our first rental property (eyeing for residential/ multifamily). It's a side hustle, so we...
Jack B.
Foreclosure wave coming? Lenders backing off on investment loans
They were a month ago, suddenly they are not. They told me that the secondary market they sell the loans to has stopped buying them. Switched to my other lender, heard the same thing, they are now capping how much inv...
Bojan Kovacevic
How to tell if your market is in a bubble or not
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
Anthony Gayden
Why is Real Estate So Expensive in Canada?
I am 100% uneducated on this subject, but I find it interesting. In my mind I see a country with a vast amount of land, but a relatively small population. Are there rules or factors involved that make building extreme...
Rich Hupper
Employee Vs Self Employed
Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
Kimberly T.
One applicant qualifies on their own - let other one live there as "occupant"?
Curious what other landlords do in this situation. Someone applies for a unit you have for rent, and meets all your qualifications (income, credit, rental history, etc.), but wants their friend/significant other ...
Nick Gerli
Which Markets are Oversupplied?
Building Permits provide a snapshot into what the supply pipeline (new homes and apartments) in a market will look like in 12-24 months time. The more supply dropped into a market, the more growth needed to keep occup...
Benjamin Haberman
Do you provide trash cans at rentals?
BP community,
I just filled my top unit of my duplex and my tenants are asking where the trash cans are. The bottom unit has been in there for 3 months and have never asked for trash cans and come to think of it, i ...
Mike C.
Lender Rules Re Mortgage-to-Income Ratio For Investors?
If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...