Hi there. I'm Michael, a newbie here. I just wanted know something about Canadian Real Estate. I'm been living in Canada for the past 5 years and a half. I got one property in Manitoba but currently residing in B.C. a...
For 1031 exchange, let's say you buy a replacement property that appraises for much more than the purchase price. Can the difference between the appraisal value and the purchase price count towards your cash replaceme...
I heard plenty of the experienced guys say that there a lot of bad wholesalers. In other words, they are peddling homes that don't make sense. As a re-newbie** it's kind of hard to tell what a good deal is. Let m...
Hello BP Family!Thanks for taking a look at my second post regarding my companies new business plan. For some context to this please see my first post P1: Capital Acquisition. For those just joining the game. I've bro...
Hello,My talent is finding good deals and rehabbing a property to sell quickly. My questions are to the experienced flippers, (1) How do you determine fixed costs such as Ins., utilities & property taxes?, (2) Ho...
Hey guys question. We bought a house for an short term rental. Purchase price was 340 k. We just got our estimate to do a rehab which was 80k. Question - sould we do the cost segregation study on the purchase price an...
Hi,
New hear. I've been saving my pennies because I know I want to invest in income producing properties but not sure ow to determine where to buy. I am not opposed to a partners how is well seasoned for my first pro...
I am just starting real estate investing. What are some states (and specific areas in those states) that are worthwhile to research and consider purchasing properties? What are some resources that you like to use to d...
When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools. However, they approach financial health from different angles.
The 50% Rule is ...
I just purchased my first 3 bed 2 bath home with the intention of finishing out the walk out basement as a private fully furnished 2 bed 1 bath + full kitchen apartment. I am trying to determine if the numbers make se...