Finally purchased our first rental property! Being a newbie, I just wanted to reach out to the BP community and ask if these fees are usual or customery?100% of the first months rent.10% of the montly rental.3% of a y...

My broker's fee is 6% on all listing contracts. Yes, everything is negotiable but how do other agents counter when a seller says "6% is too high". How do you make the seller see your value in that 6%? How often do you...

We just purchased a house that needs renovation. Mostly cosmetic. While showing another house of ours, one of the couples expressed interest in seeing this one that we are about to start working on. Once they saw it t...

I have a 5 bedroom rental property that I rent to local college kids where the lease terms generally runs from Aug. 1 to July 31. Because I'm renting to students, we start looking for tenants for the upcoming August i...

I'm new to this kind of real estate, was trying to do some research but still not able to get the difference. Like, after Targeted hold period - what happens? You get money back? Or if you want to get your money back ...

Hello BP Nation. I have a qucik question for ALL of you and even newbies with just one or two deals can answer.

How do you count your deals?

I have run into a few investors who claim to have done X amount of deals, ...

Hello Everyone,

Before I discovered this forum I was already looking to invest in real estate.

I am from Toronto Canada and looking to potentially invest in another province (New Brunswick).

I am working with a fel...

If anyone can help I would appreciate your input.
I personally sold a home to a young couple with kids who I thought just had a bad run of luck; little did I know I would be victim to them refusing to pay the mortgag...

One of our tenants is late with her rent. She paid 50% last month and has not paid this month. She asked me to use her a portion of her security deposit (1.5 months rent) to cover the half month rent for last month.  ...

Advantages:1.  choose your tenants  by owner occupying your duplex or 4 plex your not subject to the national discrimination rules.. You can choose your tenants ( hand pick them) discard any for any reason..2. when yo...