Michael B.
Getting Started With First Rental Property
Looking to get started here in Michigan. Any tips or recommendations would be greatly appreciated. Perhaps books or other forums that have helped you in the past.
Been researching multi unit properties and RV lots....
Sean Chua
Buying Land to develop multifamily?
Has anyone bought land to develop into a residential property (e.g. a 4-plex) using the BRRRR method? I was wondering how feasible this strategy is and how difficult it would be. Also, does anyone know any good resour...
Gavin Little
Calling all landlords
Hello Everyone! I'm relatively new to property management and trying to learn as much as I can as quickly as possible...With that being said, what are some of the most common issues you, as a landlord, have faced with...
Bienes Raices
Does the 50% rule cover flood insurance?
I've found an REO that looks promising. But I found out it's in flood zone AE. I was told that it would cost me $300-$600/year for flood insurance, so let's say that's an extra $50/month,
Would you still pursue this...
Roger Gelpey
1031 exchange proceeds into tax deeds?
Hello all, I was wondering if as the above says, I can use 1031 proceeds to buy either tax deeds or even tax liens. I wasn't sure because of the redemption periods and found no direct info on google. Thanks very much!
Joseph Shin
Does househacking work in the GTA?
Quick look on the MLS shows that multi family housing prices start at min 500k for a terrible condition home.Ideally I would like to buy a duplex or triplex as my first property out of university but saving enough for...
Jason Sung
Foundation warranty take over from the seller
Hi folks, I just closed a property. I bought it off-market from Sundae.com. If you have not heard about it, it is like an auction. I bought the property based on inspection report. The house has foundation issue; crac...
Account Closed
Investing Off Disability
Looking for a potential partnership to get the ball rolling on my path towards getting off disability with rentals. Disability said that if I am recieving passive income via rentals, it won't affect my supplimental in...
Kyle Lopez
PROBATE SALES - how do they work?
Hello All,So I was told by an investor that Probate Sales are very affective in this business and I was wondering exactly how they work. I went to the surrogate court yesterday and got the basic information. I got the...
Harold Arnold
Multi-family Tax Question
We are working on our 2016 taxes. In December 2016, we entered an agreement of sale for a multi-family (Triplex). We did an FHA loan as we intend to owner occupy one unit and rent the other two units. We had a structu...